CorVal Woolstores Trust

Sheds 72,73 and 74 at 4C to 4F Huntley Street, Alexandria NSW 2015

Property Information

PropertySheds 72,73 and 74 at 4C to 4F Huntley Street, Alexandria NSW 2015
CommencementApril 2015
Building Size10,026 sqm NLA
Purchase Price$51.8m
Target Equity IRR10-12%

Unique heritage office asset in central South Sydney location.

The CorVal Woolstores Trust is an unlisted property trust established to acquire a 50% interest in the former woolstores at 4C-4F Huntley Street, Alexandria NSW.

The three former woolstores have been converted, rebuilt and refurbished into high quality office accommodation with unique heritage attributes and are leased to range of high quality tenants with 100% occupancy. The Property also includes a cafe and parking for 151 vehicles.

The Trust strategy centres around maintaining high levels of occupancy and yield enhancement generated by the Trust’s loan facility.



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