Cannon Hill Office Trust - Open for Investment

Brisbane-based fund manager Trilogy Funds has entered into an agreement to acquire a 3,502 sqm commercial development in Cannon Hill’s Southgate Corporate Park for $22.65 million.

The fully leased complex at 38 Southgate Avenue is being offered to the market as an unlisted, single asset property trust.

Trilogy Funds managing director, Philip Ryan, said: “There has been a lot of competition in Brisbane’s commercial property market, however we have found there are still opportunities to achieve strong returns with high-quality assets. Indeed, this Trust aims to pay investors a forecast monthly net rate equal to 7.25% pa for the period from settlement (expected early August) until end of June 2018 and the year that follows ending June 2019.”

Trilogy Funds Cannon Hill Office Trust Launched on 22 May 2017 Designed for wholesale and retail investors. Find out more Industry Moves does not hold an AFS Licence and neither recommends nor endorses this product/service.