KordaMentha

Thynne Street Property Fund

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Investment start date

June 2020

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Asset Class

Commercial Property

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Return

7.1% p.a. expected distribution yield plus growth (income also tax deferred)

Clients had first access to invest in an A-Grade commercial office building valued at $9.3 million, located in Bruce, Canberra. This is an attractive asset due to the tenant being the Australia Institute of Health and Welfare (AIHW), a statutory agency of the Commonwealth Government of Australia, while also promoting an expected distribution yield of 7.1% and a lease agreement exceeding 9 years.