Investment
Status

Full

Purchase
Price

$8.7M

Date of
Purchase

Aug '17

Aug '21 Net
Distribution

8.75%

About Sentinel Regional Office Trust


139 Grafton Street, Cairns is a modern, four level commercial office building, located in the Cairns CBD. The building was constructed in 2009 and has a net lettable area of 2,453sqm, and benefiting from undercover secure carparking for 25 vehicles.

The property is 100% leased to two tenants, the State of Queensland (represented by the Department of Housing and Public Works), and an established medical office.

There are more than $20 billion of major projects planned for the Far North QLD region, which are projected to drive tourism and economic growth in the region.

Sentinel Regional Office Trust is an open ended Pooled Office Trust also compromising of Argyle Street, CasCom Centre, Creek Street, Jacana House, Grafton Street, Arnhemica House, River Quays, Flinders Street, Makerston Street, Inala, and Stanley Street.

 

Location


Sentinel Regional Office Trust

139 Grafton Street, Cairns QLD 4870

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