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18 Stronghold Hospitality Property Trust No 18

Cairns City, QLD

FULLY SUBSCRIBED – This Property is part of a Closed Trust – To view open Investment Opportunities please Click Here

About This Investment

Stronghold Hospitality Property Trust No 18 (“Trust”) is a single asset closed ended trust that acquired The Grand Hotel, Cairns City.

The property was purchased subject to new 10-year leases to Consiton Hotel Pty Ltd (hotel and bottle shop) and Oxford Hotels NSW Pty Ltd (shops and commercial site), both wholly owned subsidiaries of Bruneer Pty Ltd.
The site has development upside with the Lease’s being subject to a surrender clause over part of the land and buildings in favour of the landlord for the purposes of redevelopment.
The Trust has an Initial Term of 7 years and is fully subscribed.

Full

Investment Status

6.59%

AVG. ANNUAL DISTRIBUTION SINCE INCEPTION

Trust Highlights

(AS AT JUNE 2023)
  • ESTABLISHED:August 2021
  • VALUATION:$12,575,000
  • AVG. ANNUAL DISTRIBUTION SINCE INCEPTION:6.59%
  • WALE BY INCOME:4.89 yrs
  • FUND STATUS:Fully Subscribed

Assets within the Trust

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