Quanta Tennyson Street Office Trust

Established

Oct 2024

Property Valuation

$6.625M

Single Asset

Closed Ended

Distribution P.A. (cents per unit)

8.25c

Lettable Area

1,778sqm

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.