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Aviator Capital is pleased to announce the launch of the Harbourview Fund in Darwin

  • Published August 11, 2022 12:00AM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

Harbour View Plaza is a landmark Darwin City office building that has a strong track record of occupancy accommodating a mixture of NT Government and Federal Government tenants. NT Government lease expiry is out to 2033. The building is currently 100% leased. Significant capital expenditure upgrading the property and its facilities has further enhanced the quality of the asset and provides Aviator’s investors with a lower risk secure long-term investment.

Darwin is central to the Northern Territory’s diversified economy, which is expected to grow by 53%, in terms of Gross State Product (GSP), by 2030. The Territory is experiencing significant investment totalling approximately $29.9Bin current projects.

(Northern Territory Government, 2022) 

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The key investment highlights of the property at 8 McMinn Street Darwin are:

Site Area 5,330 m2
Gross Lettable Area 5,775.4 m2 over 6 levels
Car Parking 155 undercover and on-grade car parks
Sustainability (NABERS) 5.5 Star
Fully Leased Gross Income $2,471,065 (Estimated)
Estimated Outgoings $501,728
Fully Leased Net Income $1,969,337 (Estimated)
WALE 7.7 years (by area) at 30 June 2022
CAPEX $5.9m spent on major works

This is an exciting opportunity in invest in the Darwin CBD with distributions from the Fund commencing at 8.5% per annum paid monthly.

Aviator Capital looks forward to welcoming you as an investor in the Aviator Harbourview Fund.

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