Austgrowth Property Syndicate No. 19
APS 19 featured a modern office warehouse development located at Derrimut, 18 kilometres west of the Melbourne CBD. The property was purchased for $6.35 million and was fully leased to Supply Chain Management Pty Ltd.
On 24 December 2010 the property sold for $6,500,000 to a private investor.
Final audited accounts were sent to investors in March/April 2011 and tax statements were prepared and sent to all investors for the 2010/11 financial year in August 2011.
Brisbane CBD Property Syndicate
This syndicate featured a seven level commercial and retail building located in Adelaide Street in the Brisbane CBD. The property was purchased in December 2001 for $6.7 million.
On 30 November 2010 the property sold for $8,150,000 to a private investor.
Final audited accounts will be sent to investors in March/April 2011 and tax statements will be prepared and sent to all investors for the 2010/11 financial year in August 2011.
Austgrowth Property Syndicate No. 18, Brisbane Property Syndicate and Canberra Property Syndicate
Investors in the above syndicates and trusts voted to replace APGF Managed Limited with CYRE Trilogy as Responsible Entity at the investor meetings held in May 2011.
Investors should contact CYRE Trilogy for further information.