Cromwell Property Trust 12
This fully subscribed fund is now closed to investment.
Cromwell Property Trust 12
This fully subscribed fund is now closed to investment.
Cromwell Property Trust 12 was launched in October 2013 with an initial seven-year term which reached maturity in 2020.
The term has since been extended to December 2027 by Unitholder vote. The fund has delivered strong returns with the sale of two of its three assets.
Information for existing investors
Cromwell follows ASIC’s good practice guidance for website disclosure of material information. This means that all material information in relation to the Cromwell Property Trust 12 will be posted on this webpage as soon as practicable after Cromwell becomes aware of it.
Address Email notification form
Identification Form – Individual and Sole Traders
Identification Form – Australian Companies
Identification Form – Australian Regulated Trusts (Including Self Manages Super Funds)
Identification Form – Unregulated Australian Trusts and Foreign Trusts
View tax information for the fund.
Trust snapshot
Cromwell’s 12th unlisted property trust provides exposure to a single asset, located at 19 George Street in Dandenong, VIC.
Distribution
The Trust currently pays a distribution of 6.00 cents per unit per annum4, payable monthly. Since inception to 31 December 2025, the Trust has generated a notional equity internal rate of return (EIRR) of 11.75% per annum. Expressed alternatively, to 31 December 2025, $1 invested in the Trust in July 2013 has yielded $1.60 in distributions and currently has a value of $0.58, equating to total value (including all distributions) to Unitholders of $2.18.
Investments
The Trust was originally underpinned by three properties: an existing building at South Melbourne in Victoria, a distribution facility in South Australia, and a commercial office building at Dandenong in Victoria, which reached practical completion on 1 October 2015. The properties in the initial portfolio were 100% occupied and 96% leased to Government or blue chip tenants, with an average annual minimum rental review of 3.8%.
Benchmark
PCA / MSCI Australia Unlisted Retail Quarterly Property Fund Index (Unfrozen)
Date commenced
October 2013
Trust maturity
December 20273
How to apply
The Fund is now closed to investment. Distribution reinvestment and redemptions from the Fund are not currently available for existing investors.
If you have any questions regarding the Fund, please contact your financial adviser or Cromwell Investor Services directly
Contact us
Jonathan has 20 years’ experience in equity markets and investing. He is responsible for maintaining relationships with Cromwell’s direct retail investors.
Book a meeting with Jonathan
Footnotes
- Based on current distributions of 6.00 cents per unit p.a. and a current unit price of $0.5790 as at 31 January 2026.
- The proportion of distributions that are tax deferred will depend upon a number of factors (for example timing of the issue of units, building amortisation and depreciation of plant and equipment) and may vary from year to year. Deferred tax may be payable, in whole or in part, on the sale, transfer or redemption of units in the Trust. The tax deferred component of the distribution will depend on the Trust satisfying various requirements including its ability to utilise tax losses incurred in the start up phase. If the Trust does not satisfy these requirements, the tax deferred component of the distribution could be materially less.
- The initial term of the trust reached maturity in October 2020 and was extended through to October 2025 by a Unitholder vote. The term has since been extended to December 2027 by Unitholder vote.
- As at 31 December 2025.
Disclaimer
Cromwell Funds Management Limited ABN 63 114 782 777 AFSL 333214 (“CFM”) has prepared this webpage and is the responsible entity of, and the issuer of units in, the Cromwell Property Trust 12 ARSN 166 216 995 (“Trust”). In making an investment decision in relation to the Trust, it is important that you read the product disclosure statement dated 29 October 2013 (“PDS”). The PDS is issued by CFM and is available from www.cromwell.com.au/c12 or by calling Cromwell’s Investor Services team on 1300 268 078. The Trust is not open for investment. This webpage has been prepared without taking into account your objectives, financial situation or needs. Before making an investment decision, you should consider the PDS and assess, with or without your financial or tax adviser, whether the Trust fits your objectives, financial situation or needs. CFM and its related bodies corporate, and their associates, do not receive any remuneration or benefits for the general advice given on this webpage. If you acquire units in the Trust, CFM and certain related parties may receive fees from the Trust and these fees are disclosed in the PDS.
Please note: Any investment, including an investment in the Trust, is subject to risk. If a risk eventuates, it may result in reduced distributions and/or a loss of some or all of the capital value of your investment. See the PDS for examples of key risks.
Past performance is not indicative of future performance. Forward-looking statements in this webpage are provided as a general guide only. Capital growth, distributions and tax consequences cannot be guaranteed. Forward-looking statements and the performance of the Trust are subject to the risks and assumptions set out in the PDS.