Frequently Asked Questions

How do I Invest in an Opus Trust?

You may contact Opus Capital direct on 1300 889 100 to request a copy of the relevant Product Disclosure Statement, Register online to receive a copy of the relevant Product Disclosure Statement, or Contact your Financial Adviser.

Applications can only be made on an Application Form attached to a Product Disclosure Statement and must be accompanied by a cheque in Australian dollars.

Who Manages my Investment?

Your Investment is in the hands of industry professionals. Opus Capital Limited, its directors and executives, and their management practices, are subject to the scrutiny of ASIC and independent research houses. Opus Capital Limited holds an Australian Financial Services Licence, authorising it to manage this type of investment. Opus also carries appropriate professional indemnity insurance, as required by ASIC.

The directors and management of Opus Capital are experienced in the operation and management of property trusts, as well as a wide variety of other relevant disciplines, including the development and co-ordination of leasing campaigns, property refurbishment and marketing. We will use this expertise to maximise the performance of your Investment.

How is income distributed?

It is the responsibility of the Custodian, at the direction of the Opus Capital, to distribute net income from the Property. Opus Capital will deposit the net income into a bank account maintained and operated by the Custodian. The Custodian will pay all expenses including mortgage interest and management fees out of that account, at the direction of Opus Capital.

Opus Capital will authorise the distribution of each Investor's share of the cash available for distribution according to the number of Units which the Investor holds in the Trust within 21 days after the end of each month. Distributions will only be made to Investors if there is sufficient cash, including sufficient funds to meet future expenses, after taking into account future expected income.

Can superannuation funds invest?

Each Trust is structured as a unit trust. Complying and self managed superannuation funds can participate in each Offer. Opus Capital expects each Trust will be a widely held trust pursuant to Subdivision C of Division 1 of the [Superannuation Industry (Supervision) Act] 1993 and will thus be an allowable investment for trustees of superannuation funds.

What is the nature of the Investment?

Each Investor effectively becomes a part-owner of the Property, as the custodian, at the direction of Opus Capital, will hold the Property for and on behalf of each Investor in accordance with their individual interest.

Issues relating to a Trust will be voted on by Investors as provided for in the Constitution. Voting rights will be proportional to the amount of each Investor's interest.

By completing and sending an Application Form to the Manager you are agreeing to be bound by the Constitution and the acknowledgements contained within the Offer Document.

What are Non-recourse Borrowings?

All borrowings on behalf of a Trust are secured solely against Trust property (non-recourse to Investors). This means that you have no financial or other commitment beyond your subscription.

What is Tax Advantaged Income?

Where the Property is eligible for significant tax deductions based on building allowances, plant and equipment depreciation, and the amortisation of the costs of borrowing, further deductions are available for the amortised costs of the Offer. The total amount of deductions claimed for depreciation and building allowances will reduce the cost base of the Property.

What is the role of the Custodian?

The custodian’s role is to ensure investor’s interests are being protected at all times. In general terms, the custodian’s role is to separately hold all the assets, including the title deed of the property and bank accounts of the trust, on behalf of the investors.

How do I get paid?

Opus Capital will arrange for the collection of all rental income payable or receivable in respect of the Trust and pay it into an account opened and maintained by the Custodian. The Manager will arrange for the payment of all expenses of the Trust out of the account operated by the Custodian.

Each Investor will rank for distribution of income at the end of each month in proportion to the income entitlement for that number of Units owned by each Investor.

When will I receive updates on my Investment?

You will be kept aware of the status of your Investment with quarterly income statements and other periodic reports.

Do I receive an annual report?

Opus Capital will send all Investors an annual report of the Trust operations within three months of the end of each financial year.

Can I sell my Investment?

Investors may exit earlier by the independent sale of their Units to a third party and should contact Opus Capital to assist with the relevant documentation.

How long is the Investment for?

Generally, the term of a Trust is structured to be between 4 to 9 years before being wound up depending on the nature of the investment. However, there is no minimum period - should an opportunity arise to sell the Property(s) prior to this time, the Trust will be wound up accordingly.

Change of Investor details

During the term of the Trust, Investors must inform Opus Capital of any change to the details originally submitted on their Application Form. Any such change must be requested in writing and signed by all parties who signed the original Application Form. In order to assist with this process, refer to the "Change of Details" form on our website.

How do I lodge a complaint?

Opus Capital operates a complaints and dispute resolution system in accordance with ASIC guidelines. Initially, a complaint may be directed to Opus Capital. We will acknowledge the matter in writing forthwith and respond with a determination of the matter raised within 30 days. Should the complaint not be resolved to the satisfaction of the Investor at this stage, the Investor may refer the matter to the external complaints resolution service to which Opus Capital subscribes. Contact details for the service may be obtained from Opus Capital.