Brisbane Office Trust No. 2

Acure’s Brisbane Office Trust No. 2 is currently seeking investment to buy aPremier A-Grade Brisbane CBD fringe office tower located on Montague Road in South Brisbane, a prime inbound position in one of Brisbane’s best established near-city commercial precincts.

Highlights:

• Premier A-Grade – high specification office offering with significant amenity
• 13,811 sqm NL A over 6 levels – large 2,900 sqm floor plates
  87.5% occupied with a weighted average lease expiry of 2.6
  years (by Income)
• Acquired at a 40% discount to replacement cost, with a fully leased (ungeared) yield of 9.8%
• A-Grade Office Building on the Brisbane CBD Fringe where Vacancy is 8.3% and tightening
• Located in the heart of Brisbane City Council’s Kurilpa Urban Renewal Precinct

Project Investment Returns:

• Distributions paid monthly, commencing at 9% p.a. and projected to average 9.0% p.a. (5 years). 
• Total return (IRR) target to investor of 15.2% p.a. (after fees)