Real Estate fund

The IIG Kensington Property Trust

Younghusband - A Beautiful Industrial Village For The Common Good.


The Kensington Property Trust has suspended work on the rejuvenation of Younghusband. For more details please get in touch.

The IIG Kensington Property Trust’s Objective:
To grow, through staged rejuvenation of three Properties in Kensington, the Trust’s ability to generate returns from rental revenue, and deliver environmental and social benefits.

The Opportunity

The underlying forces supporting the investment.

Younghusband is in Melbourne’s Inner Northwest Growth Corridor

The state and city government’s Arden Macaulay 30-year vision includes:

  • Jobs in the area more than doubling
  • Residents in the area more than tripling
  • Building new public transport, including the metro station at Arden central
  • Creating new parkland, recreation areas, habitat protection and improved walking and cycling links
  • Sustainable development, with a particular focus on the built environment.

Younghusband has exceptional transport connectivity

  • A five-minute walk to Kensington station
  • Walking distance to Upfield, Craigieburn, Werribee and Williamstown train lines
  • Well-served by cycling lanes, with extensive bike-parking on site
  • 20-minute drive to Melbourne Airport
  • Close to Citylink, Arden St and Dynan Road
  • 2.5 km from the Melbourne CBD

Key Property Information *

Total Site Area
~15,754 sqm
Target NLA for Stage 1
17,848 sqm
Target NLA all Stages [6]
50,000+ sqm
Melbourne Planning Scheme Zone
Commercial Zone 2
Stage 1 Development Application
Approved

Seed Assets

Under Management

Younghusband

Asset Type

Mixed Use Commercial Real Estate

Location

2-50 Elizabeth Street, Kensington, Victoria
1-7 Elizabeth Street, Kensington, Victoria
2-12 Barrett Street, Kensington, Victoria

Acquisition Cost

$30.25 million

Read More on this asset

 

[*] Property and Trust Information presented here are based on current assumptions, and may change. Further details will be set out in the relevant disclosure document for the offer. Please refer to the disclaimer below.

 

This page is not an offer to invest. It contains assumptions and forward looking statements that may prove inaccurate. When Trustee of the IIG Kensington Property Trust does make an offer to invest, it will issue an information memorandum, which will include the manager’s assumptions, risks and other important information. Investors must have read that information memorandum before making their final decision to invest. This page and the information contained in it is presented to you as a wholesale client (as defined in the Corporations Act). None of Impact Funds Management Pty Ltd ACN 138 179 914 AFSL 356648 (“Trustee”), Impact Investment Group Pty Ltd or their officers, employees or agents guarantees a return of capital or the performance of the IIG Kensington Property Trust (“Trust”). This page contains general information and does not take into account your objectives, financial situation or needs. Before making a decision to invest you should seek your own professional advice.