Sentinel Bourke Street Retail Trust - Bourke Street Retail
Investment Status
Sold
Sale Price
$33.9M
Date of Sale
Sep '17
Day One Distribution
9.75%
Internal Rate of Return*
33.10%
Cash Return (per $1)
$2.20
Term
3yrs 9mths
About Sentinel Bourke Street Retail Trust
The property occupies a prime position in Melbourne CBD with excellent retail shop frontage to Bourke Street. It is a modern retail premises with lettable area of approx. 4,816m2 over three levels.
The property underwent extensive refurbishment (circa $14 million) in 2009 and was designed by award winning Williams Boag Architects.