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Office
Sector
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$32 million
Acquisition Price
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7,124sqm
NLA
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0%
Net Passing Yield
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8.2%
Fully Leased Yield
The property is an existing commercial building comprising 7,124 sqm of NLA. The property is located 400m south west of the Pennant Hills Railway Station and Town Centre.
The Yield Plus Infrastructure 2 fund strategy is to acquire a portfolio of yield producing real estate assets with rezoning or repositioning potential. YPI 2’s model is based on investment surrounding infrastructure, particularly public transport.
The property will benefit from improved accessibility following the planned upgrade of nearby infrastructure including the Northconnex project.
"The short-term ability to reposition as a leased investment, coupled with the soon to be completed NorthConnex project means the property is well suited to the fund."
