Property Trusts

Presenting 956 Gympie Road, Chermside (Brisbane) QLD. This exceptional off-market opportunity combines attractive distributions with a secure blue chip tenant covenant.

We forecast distributions commencing at 9.00% net p.a. Year 1, paid monthly.

The facility is fully leased to Blue Chip tenant Icon Cancer Care, Australia’s largest dedicated cancer care provider with a 4.40 Year WALE (Weighted Average Lease Expiry) by Income.

The asset offers a total lettable area of approximately 1,145 sqm, complemented by 61 car bays. The specialised nature of this oncology facility positions it as an attractive opportunity in the sought-after healthcare real estate market.

RELEASED

NOVEMBER 2025

PROPERTY VALUATION

14.5M

SINGLE ASSET

CLOSED ENDED

DISTRIBUTION P.A. (CENTS PER UNIT)

9.00C YEAR 1

LETTABLE AREA

1,145 SQM

Presenting 23 Graham Street, Milton QLD. This exceptional opportunity combines attractive distributions, a secure tenant profile, and significant capital growth potential.

We are forecasting an average annual distribution of 8.75% over five years, with monthly distributions starting at 8.25% net in Year 1 and incrementally increasing to 9.25% net by Year 5.

The property is fully leased to ADCO, one of Australia’s largest privately-owned construction companies, and Bielby, a specialist in major civil infrastructure projects across the country.

Located less than 3 kilometres from the CBD, Milton is one of Brisbane's most established fringe office markets. It's currently experiencing a tightening leasing market and is at a 10-year low 12% vacancy rate from a peak of 28% in 2018.

ESTABLISHED

OCTOBER 2025

PROPERTY VALUATION

$21M

SINGLE ASSET

CLOSED ENDED

DISTRIBUTION (CENTS PER UNIT)

8.25C

LETTABLE AREA

3,472 SQM

2-10 Titanium Drive is a state-of-the-art cold storage logistics facility is located in Paget, Mackay's premier industrial precinct.

The property is fully leased to PFD Food Services, a wholly own subsidiary of Woolworths Group Ltd (WOW). The building contains a combination of freezer room (-15°C to -20°C), chiller room (1.5°C to 2°C), temperature-controlled room (17°C), dry storage warehouse and a two-level reception and administration suites. Insulated paneling has been installed in the dry storage warehouse providing flexibility to expand the cold room to support future growth or be adapted based on tenant requirements.

Following strong financial performance, the distribution rate was increased to 8.75% (previously 8.50%), only 6 months after the property was settled. An uplift ahead of forecasts.

ESTABLISHED

APRIL 2025

PROPERTY VALUATION

11M

SINGLE ASSET

CLOSED ENDED

DISTRIBUTION P.A. (CENTS PER UNIT)

8.75C

LETTABLE AREA

3,717 SQM

646 – 658 Ingham Road, Mount Louisa (Townsville) is a high quality, land rich industrial site comprising an 8,217 sqm industrial warehouse. The low site cover of 26% and large hardstand area provides significant potential for future development.

The property is 100% leased to 3 separate tenants; ASX listed AMA Group (Recar), who occupy 50% of the lettable area, civil construction company Shamrock Civil, and Queensland based Carroll Engineering Services.

ESTABLISHED

MARCH 2025

PROPERTY VALUATION

$10.25M

SINGLE ASSET

CLOSED ENDED

DISTRIBUTION P.A. (CENTS PER UNIT)

8.25C

LETTABLE AREA

8,217 SQM

Tennyson House is located at 9 Tennyson Street, Mackay and offers a secure income stream, with 93% of income underpinned by high-quality government and Fortune 500 tenants. The property has a WALE of 4.70 years, ensuring consistent cash flow and stability.

Constructed in 2008, this modern office building was recently enhanced with a $2 million custom fit out for the State Government, tailored to their long-term operational needs. The building has a 5-star NABERS energy rating, it is ideally suited for government tenants (requiring a minimum 4.5-star rating) and large corporate occupiers. The building is 100% leased to the Department of Child Safety (QLD State Government), Caterpillar and Pentacon.

Established

Oct 2024

Property Valuation

$6.625M

Single Asset

Closed Ended

Distribution P.A. (cents per unit)

8.25c

Lettable Area

1,778 sqm

91 Connors Road, Paget is a 3.1ha modern industrial facility which is fully occupied by United Group Limited (UGL), a subsidiary of Germany's largest construction company, HOCHTIEF (market cap of over €8.35 billion).

The land rich property has a low site cover (29%) and includes a total building area of 8,881 sqm across two large warehouses. The property is located in Mackay’s premier industrial precinct and offers secure income with the tenant on a triple net lease.

Following strong financial performance, the distribution rate was increased to 7.75% (previously 7.50%), within the first year of property ownership. An uplift ahead of forecasts.

Established

Sep 2024

Property Valuation

$17.5M

Single Asset

Closed Ended

Distribution P.A. (cents per unit)

7.75c

Lettable Area

8,881 sqm

The Everyday Retail Centre located at 1-15 St John Street, Launceston, is a heritage listed large format retail centre in the heart of Launceston’s CBD. It is 100% leased to ASX national tenants being BCF, Supercheap Auto, Beacon Lighting and one of Europe’s largest banks, Rabobank. The centre was refurbished and redeveloped in 2012. The Property benefits from high exposure from three street frontages and is in close proximity to other large format uses such as Anaconda, Harvey Norman, Bunnings, Officeworks, Spotlight, JB Hi Fi and The Good Guys. The Trust will have a term of 7 years with an anticipated investment horizon of 5 years.

Established

Dec 2022

Property Valuation

$13.5M

Single Asset

Closed Ended

Distribution p.a. (cents per unit)

8.00c

Lettable Area

3,400sqm