Sentinel Citilink Trust Now Part of Sentinel Property Group’s Portfolio


Posted December 19, 2014 by ambermadden

Sentinel Property Group, one of Australia’s most trusted companies that focus on commercial property investments, now includes Sentinel Citilink trust in their portfolio.

 
[BRISBANE, QLD, December 19, 2014]—Sentinel Property Group, one of Australia’s leading investment companies focusing on trusts and commercial property markets, announces that the Sentinel Citilink Trust is now part of its portfolio. This news is a testament to the company’s commitment to identify investments with a strong mix of income, revenue, capital growth potential and tax benefits.

The Property at a Glance

The Sentinel Citilink Trust’s investment status is ‘fully subscribed.’ Its current net distribution is 10.00% pa, which is paid monthly. The property is leased to Queensland Health, Siemens, QantasLink and Anytime Fitness. It’s located in Bowen Hills, Brisbane. The trust has a purchase price of $62 million.

Other Details

The Sentinel Citilink Trust is located in an established medical, commercial and residential neighbourhood. It is directly opposite the Royal Brisbane and Women’s Hospital, the biggest hospital in the Southern Hemisphere.

Close to the property is a major public transport infrastructure. It includes the RBWH Bus Station, Cycle Centre, and the Bowens Hill Train Station.

As mentioned the property is leased to leading and stable organisations and businesses, such as Siemens (€75.882 billion revenue FY13), QantasLink (subsidiary of ASX listed Qantas) and Anytime Fitness (2,500+ locations internationally).

The property has an area of 12,690m2. Developers see that the land holding has a potential to be the foundation of a 12-storey landmark building. This, however, is still under approval. Initial development strategy for Stage 1 includes the construction of a facility similar to a serviced apartment complex.

About Sentinel Property Group

Sentinel Property Group is one of Australia’s most trusted investment companies that focus on the commercial property market. Founded in 2009 by Warren Ebert, Sentinel Property Group has grown to become a company holding trusts that are consistently ranked as one of the best performing in Australia. The company is committed to delivering wealth for its investors, some of whom are using their self-managed super fund. Sentinel Property Group has built a reputation for its experienced and dedicated approach to identifying investments with potential and accommodating its investors. Over the years, it has maintained a wide-ranging industry networks. To learn more about the company, visit www.sentinelpg.com.au.
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Contact Email [email protected]
Issued By Zac Crews
Website www.sentinelpg.com.au/
Phone 07 3733 1660
Business Address Level 4, 307 Queen Street, Brisbane, QLD 4000
Country Australia
Categories Finance
Tags buying property in smsf , buying property through smsf , commercial investment property
Last Updated December 19, 2014