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 15 (“Trust”) is a single asset closed ended trust that acquired the Cardinia Club, Pakenham.
The property was purchased a remaining 13-year remaining lease term to Pakenham Racing Club Incorporated.
The Trust has an Initial Term of 7 years with the tenant having an Option to Purchase on the seventh anniversary of the Trust. The Trust is fully subscribed.
Full
Investment Status
Trust Highlights
(AS AT JUNE 2024)
- ESTABLISHED:May 2019
- AVG. ANNUAL DISTRIBUTION SINCE INCEPTION:5.64%
- WALE BY INCOME:8.59yrs
- FUND STATUS:Fully Subscribed