Australian Unity Office Fund retains $4.8m deposit as Charlotte Street sale collapses

Australian Unity Investment Real Estate Limited (AUIREL), responsible entity of Australian Unity Office Fund (AOF), announced the termination of the sale contract for 150 Charlotte Street, Brisbane. The purchaser defaulted on payment obligations and failed to complete settlement by the required date of 8 September 2025, despite a notice of default.

Following the purchaser's failure to remedy the default, AUIREL terminated the contract. As a result, the AOF will retain the $4.8375 million cash deposit that was held in respect of the sale.

AUIREL has also stated its intention to re-market Charlotte Street for sale. The announcement was issued on 9 September 2025.