Investment
Status
Full
Purchase
Price
$28.81M
Date of
Purchase
Dec '17
Apr '24 Net
Distribution
8.00%
About Sentinel Regional Office Trust
River Quays is a 7 story commercial office building within the Townsville CBD, offering net lettable area of 9,414sqm with 161 car park bays (1:58sqm). Leased to international and national tenants, including Australian Government, Adani and AECOM. There is also a 24sqm café tenancy leased to Dialogue Café.
Building refurbishments include the instalment of a new roof, air conditioning systems, lifts, lobby, end of trip facilities and external painting. The building currently holds a 3.5 Star NABERS without GreenPower, a 4.5 Star NABERS with GreenPower rating and a 4.5 Star NABERS Water rating. River Quays was recently announced as Adani’s Australian headquarters, where the proposed $16.5bn Carmichael Coal Mine and Rail project will be delivered.
Sentinel Regional Office Trust is an open ended Pooled Office Trust, compromising of Argyle Street, CasCom Centre, Jacana House, Grafton Street, Arnhemica House, River Quays, Flinders Street, Makerston Street, Inala, Stanley Street, Scarborough House and Wood Street.
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Location
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