AT A GLANCE
Investment type
Single asset, closed-end unlisted property fund
Investment objective
Stable income and capital growth
Property
Coburg Hill Shopping Centre
Property value
$19.3 million (Independent valuation as at 30 June 2016)
Major tenant
Woolworths
Weighted average lease expiry
12.4 years by income as at 30 September 2016
Occupancy
97.3%
Investment term
7 years
Distributions
Forecast distribution yield of 7.60% p.a. for the year ending 30 June 2017
Tax deferral
Distributions will include a tax deferred income component of 90-100%
Distribution frequency
Monthly
Gearing
49%
Net Asset Value
$0.89    History...
Liquidity
Withdrawals will not be available during the term of the Fund.