Established
Oct 2024
Property Valuation
$6.625M
Assets
Single Asset
Closed Ended
Distribution P.A. (cents per unit)
8.25c
Lettable Area
Lettable Area
1,778 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.

Assets in this Trust

Tennyson House

9, Tennyson Street, Mackay, Queensland, 4740, Australia

Date of Acquisition: October 2024

Key Tenants: Department of Child Safety (QLD State Government), Caterpillar, Pentacon

Number of Tenancies: 3

Lettable Area: 1,778 sqm

Car Parks: 36