Ausgrowth Property Syndicate 21 – Cairns
The property syndicate comprises a modern two level (plus mezzanine), commercial office building fully leased as a medical facility. The Property is located on a prominent corner within the Cairns Central Business District and situated within close proximity of other medical operations including the Cairns Base Hospital.
|Fund||Ausgrowth Property Syndicate 21 (Cairns)|
|Investment type||Single asset, closed-ended, Unlisted Property Trust|
|Location||156 – 160, Corner Grafton and Florence Street Cairns QLD|
|Distribution yield||9.5% p.a.|
|Investment term||8 years|
|Loan to Valuation Ratio||60%|
*Net rate paid to investors for the previous month ended. Please note, past performance is not a reliable indicator of future performance.