Investment
Status

Full

Purchase
Price

$28.2M

Date of
Purchase

Dec '17

Current Net
Distribution Dec '18

9.50%

About Sentinel Regional Office Trust


A 7 story commercial office building within the Townsville CBD, offering net lettable area of 9,414m² with 161 car park bays (1:58m²). 95% Leased to national and global tenants including Commonwealth Department of Agriculture, Telstra, Adani and Aecom.

River Quays was recently announced as Adani’s Australian headquarters, where the proposed $16.5bn Carmichael Coal Mine and Rail project will be delivered.

The building is undergoing refurbishment including the installment of a new roof, air conditioning systems, lifts, lobby, end of trip facilities and external painting.

Townsville to benefit from over $22 billion of projects within the infrastructure, sporting, mining, defence, health and manufacturing sectors, with approximately 10,000 new job requirements.

Sentinel Regional Office Trust is an open ended Pooled Office Trust also compromising of 11 Argyle Street Newcastle, CasCom Darwin, 200 Creek Street Brisbane, 8 Buller Street Port Macquarie, Jacana House Darwin, 139 Grafton Street Cairns and Arnhemica House Darwin.

Location


Sentinel Regional Office Trust

3-17 Tomlins Street, Townsville QLD 4810

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