The Milton Office Trust, is designed to provide investors with consistent income, potential for long-term capital growth, and an opportunity to diversify investment portfolios.
This unlisted property trust has been established to acquire a modern six-storey commercial office building at 16 Marie Street, Milton, a near-city suburb approximately 2km from the Brisbane CBD. The property’s income is derived from a diversified list of tenants providing quality covenants.
Investment overview
Investment term
The expected initial term is 6 years from Settlement Date.
The property was constructed in 2009 and is a modern commercial office building. Its 3,902 square metres of net lettable area is spread over five storeys plus basement and the income produced by the property is derived from a diversified tenant base.
Featuring a modern and flexible design, the property is suitable for single, and multi-tenanted offices. It has approximately 28 metres of street frontage. Tenants benefit from 33 on-site parking bays and excellent connectivity to major roads, bike paths and public transport modes.
While the property is located a close distance from the Brisbane river, it benefits from an elevated position and was fortunate not to flood during 2011 and 2013.
