Closed for Applications - 601 Coronation Drive Fund

 

 

 

Fund Updates

Full Year Accounts - 30 June 2018

 

Half Year Accounts - 31 December 2018

 

Quarterly Update - June 2019

 

Quarterly Update - March 2019

 

Quarterly Update - December 2018

 

Quarterly Update - September 2018

 

RG46 - March 2019

 

The Property

601 Coronation Drive Toowong was purchased on 12 August 2016 for $45,200,000.

 

Constructed in 2007, 601 Coronation Drive Toowong, is a modern six storey commercial office building comprising:

 

  • ground floor and 5 upper floors of A-grade style office accommodation

  • 3 basement levels of car parking providing 124 car bays

 

Total net lettable area is 7,286 sqm and typical floor plates are 1,282 sqm.  The Property enjoys an abundance of natural light, expansive views of the Brisbane river and CBD and is conveniently located to train, bus and ferry services.

 

Toowong

Toowong is located approximately 3.5km from the Brisbane CBD.

 

Toowong is a vibrant and thriving commercial hub servicing a large portion of the inner west corridor of Brisbane.

 

Tenancy Profile

The Property is occupied by a mix of high quality tenants including, Queensland College of Teachers, Arthur J Gallagher, Indue Ltd & Jumbo Interactive Ltd

 

Distributions

8.00%1 p.a. (paid quarterly)

Investment Objective

To provide regular and stable income returns underpinned by a diversified tenant mix.

 

Expected Investment Term

5 years from 4 August 2016

 

 

1 Past performance is not a reliable indicator of future performance. Distributions are not guaranteed and neither are any capital returns. An investment in the Fund comes with risks associated with investing in commercial property. You should read the PDS for more information about the specific risks associated with this investment.

 

 

Disclaimer: One Managed Investment Funds Limited (ACN 117 400 987) (AFSL 297042) (OMIFL) is the responsibility entity of the 601 Coronation Drive Fund ARSN 610 941 654 (Fund). The information contained on this website was not prepared by OMIFL but was prepared by other parties. While OMIFL has no reason to believe that the information is inaccurate, the truth or accuracy of the information contained therein cannot be warranted or guaranteed. Anyone reading this website must obtain and rely upon their own independent advice and inquiries.

 

Capital Property Funds Pty Ltd (ACN 162 323 506) is the investment manager for the Fund.

 

The Fund is closed to new applications.  We recommend that Investors consider the product disclosure statement issued on 14 June 2017 and RG97 Website Notice dated 26 September 2017 (together with the PDS) issued by OMIFL before making any decision regarding the Fund. A copy of the PDS and Continuous Disclosure Notices may be obtained from http://oneinvestment.com.au/601-coronation-drive-fund.

 

 

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