The Cambridge Bedford Property Fund consists of two quality properties, in Adelaide and Hobart, which offer high-calibre tenants.

The Bedford Property located at 7 Laffer Drive, Bedford Park, South Australia is 100% leased to Westpac Banking Corporation (‘Westpac’), an ASX 20 listed company with a market capitalisation of over $90 billion.

The Cambridge Property located at 89 Cambridge Park Drive, Cambridge, Tasmania is conveniently located just five minutes’ drive from Hobart’s International Airport and 15 minutes’ drive east of Hobart’s CBD. The Department of Treasury and Finance (‘Tasmanian Treasury’) leases 65% of the building on a new long-term lease.

Key points:

• Leased to Westpac Banking Corporation and the Department of Treasury and Finance
• The property at Cambridge comprises a purpose-built office with a separate storage facility. Tenancy refurbishment for Tasmanian Treasury including a desk upgrade, data/ IT upgrade and the construction of a new server room is expected to be completed in the second half of 2024; the property at Bedford Park is a purpose-built call centre on one level
• Strategically located: Cambridge is in a growth corridor and 15 minutes from Hobart, Tasmania, and five minutes from Hobart International Airport; Bedford Park is part of Adelaide’s Sturt Triangle and 12km from Adelaide, South Australia
• The fund’s term expires around 30 June 2025
• This fund is closed.