Closed for Investment

Charter Hall Office Trust No.3 (CHOT3)

A fixed-term unlisted office syndicate investing in two core Prime Australian office assets

9%+ year 1 distribution yield

Charter Hall Office Trust No.3 (CHOT3)

16%+ target IRR over 5 years

Charter Hall Office Trust No.3 (CHOT3)

closed
CHOT3

Fund overview

Opportunistic returns from core office real estate at a turning point in the cycle.

APIR Code: MAQ3710AU | ISIN: AU60MAQ37109

Charter Hall Office Trust No.3 (CHOT3) is a 5-year fixed-term, unlisted office syndicate investing in two core Prime Australian office assets in high-conviction markets.

CHOT3 provides an opportunity to invest at bottom of the cycle pricing, with falling interest rates and tightening future supply offering strong potential for capital growth.

Backed by secure, AAA-rated government and investment-grade tenants, CHOT3 aims to deliver opportunistic returns through acquisitions at ~26% below peak valuations and ~49% below replacement cost.

Income strength and resilience support quarterly distributions, with an attractive entry point in the cycle offering long-term growth potential.

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Closed for investment

year 1 distribution yield
9%+

year 1 distribution yield

Target IRR (5-year)
16%+ p.a.

Target IRR (5-year)

Occupancy
100%

Occupancy

Ratings

This report is intended for wholesale clients, AFSL holders or their authorised representatives. By requesting this report you are confirming that you are a wholesale client, you either hold an AFSL or are an authorised representative.

 

1

Zenith Recommended


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Watch our video for a virtual tour of CHOT3’s prime office assets


Important information

Information memorandum available

16 July 2025

First Allotment Date

On or around 15 August 2025
Subsequent allotment dates will occur daily

Total Offer Amount

Up to approximately $77.4 million

Minimum Application Amount

 

$100,000
The Trustee may waive the minimum Application Amount requirements in its discretion

Eligibility

Open to investment by Wholesale Clients only, being a person or entity that is not a 'retail client' under section 761G of the Corporations Act.
This commonly includes a person or entity: that has obtained a qualified accountant’s certificate stating they have net assets of at least $2.5 million, or a gross income for each of the last two financial years of at least $250,000; or a professional investor; or investors who invest at least $500,000 in a single offer.

All dates are subject to change and are at the discretion of the Trustee. In addition, the Trustee may increase or decrease the Total Offer Amount in its discretion, in which case there will be a commensurate increase or decrease in the Partnership's holding in the Portfolio. The Trustee may also not proceed with the Offer in its discretion.

 

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Asset overview

900 Ann Street
Fortitude Valley Qld

Aurizon, Australia’s largest rail freight company, occupies 19,230sqm at 900 Ann Street, an A-grade office tower purpose-built as its national headquarters.

Completed in 2018, the 15-level building features a large atrium, strong NABERS and Green Star ratings, and a prime location near the James Street retail precinct and public transport.

Sector

Office

NLA

19,230 sqm

Key tenants

Aurizon, WSP^

Occupancy

100%

WALE

4.8 years

Annual rent reviews

3.3%

ESG credentials

NABERS Energy 6.0 Stars
NABERS Water 4.5 Stars


^WSP operates under Aurizon’s head lease. 

Asset overview

Louisa Lawson Building
25 Cowlishaw Street, Tuggeranong ACT

The Louisa Lawson Building is a 26,050sqm A-grade office space completed in 2013, purpose-built for Services Australia.

Services Australia has indicated plans to consolidate its workforce into the building, recognising its importance to the community and essential service delivery.
 

 

Sector

Office

NLA

26,000 sqm

Key tenants

Australian Federal Government

Occupancy

100%

WALE

6.0 years

Annual rent reviews

3.5%

ESG credentials

NABERS Energy 5.0 Star
NABERS Water 4.0 Stars


Looking to invest? Here’s how

ICONS - TENNANT BENEFIT 1

Read

Read the Information Memorandum in full.

 

ICONS - TENNANT BENEFIT 2

Consider

Consider the offer, paying particular attention to the risks set out in the Information Memorandum.

ICONS - TENNANT BENEFIT 3

Consult

Consult your financial adviser, stockbroker and other professional adviser.

ICONS - TENNANT BENEFIT 4

Access

Access our online applications or complete the paper copy accompanying the Information Memorandum.

 

Apply Online Now

Contact us (Advisers)

Scott McLennan

Scott McLennan

Head of Distribution

Melissa Ridley

Melissa Ridley

National Strategic Account Manager

Marco Triani

Marco Triani

State Distribution Manager (NSW/Qld)

Craig Harding

Craig Harding

Senior Business Development Manager (Vic/SA/WA/Tas)

Lachlan Ryan

Lachlan Ryan

Business Development Manager (Vic/SA/WA)

Sandhya Reddy

Sandhya Reddy

Account Manager

Contact us (Direct Investors)

Oliver Gordon

Oliver Gordon

Investor Communications Executive

Sarah Bohill

Sarah Bohill

Investor Communications Executive

Charter Hall

Charter Hall

Enquiries

Important Information

This website is issued by Charter Hall Direct Property Management Limited ABN 56 073 623 784 AFSL 226849 (CHDPML) as the issuer of units in the Charter Hall Office Trust No.3 (Fund). The Information Memorandum (IM) for the Fund is available at www.charterhall.com.au. An investment is subject to risks which are summarised in the IM (Offer Document). You should consider the Offer Document and any supplementary Offer Document in deciding whether to acquire or continue to hold the product. This website is not an offer of units in the Fund or an offer to buy or sell any financial product and should not be relied on in making an investment decision. The information is general in nature and does not take into account your investment objectives, particular needs or financial situation. You should seek independent financial advice. Applications to invest can only be made using the application form relevant to the product. You can obtain a copy of the Offer Document and application form from www.charterhall.com.au or by calling 1300 652 790. You can only apply to invest in the Fund if you are a wholesale client (within the meaning of that term under the Corporations Act 2001 (Cth)). Whilst all care has been taken in preparation of this website CHDPML does not give any representation or warranty as to the reliability, completeness or accuracy of the information contained in this website. CHDPML does not accept liability for any inaccurate, incomplete or omitted information of any kind or any losses caused by using this information. Past performance is not a reliable indicator of future performance. Any forward-looking statement on this website is predictive in character and may be affected by inaccurate assumptions or by known or unknown risks and uncertainties and may differ materially from results ultimately achieved. © Charter Hall Group.

Ratings are only one factor to be taken into account when deciding whether to invest in a financial product. Consider your personal circumstances, consider the TMD, read the PDS and seek independent financial advice before investing.

1. This report is intended for wholesale clients, AFSL holders or their authorised representatives, by accessing this report you are confirming that you are a wholesale client or you either hold an AFSL or are an authorised representative. The Zenith Investment Partners Pty Ltd (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating Charter Hall Office Trust No.3 (MAQ3710AU) (assigned 28 July 2025) referred to in this piece is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual, including target markets of financial products, where applicable, and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of and consider the IM or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at https://www.zenithpartners.com.au/our-solutions/investment-research/regulatory-guidelines/.