How long is the Trust Term?
The Property will be held for a period of 7 years (subject to market opportunities), after which time the Property will be sold and net proceeds distributed to Unitholders.
The Property will be held for a period of 7 years (subject to market opportunities), after which time the Property will be sold and net proceeds distributed to Unitholders.
Distributions to Unitholders will be paid via electronic funds transfer (EFT) into your nominated bank at the beginning of every calendar month.
The Brickworks Market Place Fund Trust is a wholesale managed investment scheme. As a result, only Wholesale or Sophisticated Investors (as defined by the Corporations Act) can invest.
See the Sophisticated Investor requirements as set out by the ATO.
Unitholders will have direct ownership interest in the Property through the structure of a Trust.
An investment in the Fund is illiquid, and it should be viewed as a long-term investment. An investor may only transfer their Units to another person with the Trustee’s consent (Transaction costs may apply).
The Trustee may, to a reasonable extent, assist an Investor to transfer their Units by facilitating introductions to other Investors or third parties who may be prepared to acquire the Units on terms to be negotiated between them. However, there can be no guarantees that a buyer can be identified.
Unitholders will receive an Annual Report including audited financial reports at the end of each financial year.
Unitholders will also be provided with an annual taxation statement that will assist when completing their tax returns.
For FY24, investor distributions were 100% tax-deferred, providing substantial tax benefits. Additionally, due to the age of the building and its associated equipment, the fund expects to continue offering significant depreciation and tax advantages for the next 10+ years, helping to enhance the overall tax efficiency of the investment.
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