Varsity One Trust is seeking to acquire an A-Grade office building at 1 Lake Orr Drive, Varsity Lakes on the Gold Coast, QLD

  • 6,066 spm NLA
  • 100% leased with diverse tenancy profile
  • 3.1 year WALE
  • Purchased well on a 9.0% ungeared yield and $5,300/sqm, providing a solid base as an investment
  • The Gold Coast has strong investment fundamentals and very low office vacancy, which lends itself to a robust outlook 
  • Single-asset trust with a 5-7 year investment term 

Project Investment Returns

  • Distributions paid monthly, commencing at 8.25% p.a. and projected to average 8.75% p.a. (5 years). 
  • Total return (IRR) target to investor of 12.0% p.a. (after fees)

To obtain an information memorandum, please contact us. The offer is available to Wholesale Investors only. 

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