Wholesale Fund Manager, Aviator Capital, has announced the purchase of a significant city building known as 1 Honeysuckle, Newcastle.
The property is part of the popular Boardwalk complex and comprises 2899 square metres of A-grade office space with basement parking for 40 vehicles.
The fully leased property holds a long lease with the Federal Government and is positioned near significant NSW Government urban renewal projects.
Aviator Capital will be offering investors the chance to buy into the Fund and has issued a Memorandum.
Director of Aviator Capital, Andrew Glen, says the investment offers strong rental income and expected capital growth.