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 including the $94 million Law Courts and the $95 million University of Newcastle facility.

Aviator Capital will be offering sophisticated investors the chance to buy into the Fund and has issued an Information Memorandum.

Director of Aviator Capital, Andrew Glen, says the investment offers strong rental income and expected capital growth.

“This is a modern, well maintained building in a superb location with AAA tenants in place,” Andrew said.

“Aviator Capital is very confident about the Newcastle commercial property market and this investment will build on our existing investment portfolio.”

“We invite local wholesale investors to join us in this purchase and become fully involved in the beneficial ownership our structure offers.”

Aviator Capital is an Australian Wholesale Funds Management Company, with a mission to provide an industry-leading funds management service for sophisticated investors. 

The Aviator Macro Opportunities Fund was established with the goal of creating a macro-economic Australian fund designed to outperform the ASX200 by actively managing its risk profile and asset