SURF2 2019-10-18T09:40:41+00:00
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SURF2

ABOUT SURF 2

SURF 2 is an unlisted retail property fund which commenced on 2 June 2017. SURF 2 retail property portfolio comprises two retail properties namely:

  • Katoomba Marketplace anchored by a Woolworths supermarket and a Big W discount department store.
  • Mittagong Village anchored by a Dan Murphy’sTM liquor store.

SURF 2 management are actively focused on maximising sustainable income and over the fund life the fund’s total returns. SURF 2 achieves secure income from a strong tenancy profile with 94% of the income from leases to Woolworths Group Ltd.

Property Portfolio

Property Location
Katoomba Marketplace Katoomba
Mittagong Village Mittagong

Quarterly Updates

Distribution History

Period Ended Date Paid Distribution (cpu)
30 September 2019 16 October 2019 1.75
30 June 2019 31 July 2019 1.75
31 March 2019 23 April 2019 1.75
31 December 2018 21 January 2019 1.75
30 September 2018 16 October 2018 1.75
Period Ended Date Paid Distribution (cpu)
30 June 2018 31 July 2018 1.75
31 March 2018 20 April 2018 1.75
31 December 2017 22 January 2018 1.75
30 September 2017 16 October 2017 1.75
Period Ended Date Paid Distribution (cpu)
30 June 2017 31 July 2017 0.556

Financial Reports

Date
Financial Report 30 June 2019
Financial Report 30 June 2018
Financial Report 30 June 2017

Distribution Tax Components

Taxation

Distributions

In respect of each income tax year, you will be required to include your share of the net income of the SURF2 in your assessable income for tax purposes. SCA Property Group will provide unitholders with Annual Taxation Statements by August of each year.

You should not complete your tax return for the prior tax year before you receive this Annual Taxation Statement.

Distributions from SURF2 may include various components, the tax treatment of which may differ. If you are an Australian tax resident and an individual, distributions from SURF2 received after June will generally need to be included in your tax return for the preceding tax year.

Annual Taxation Statement

If you are an Australian tax resident and an individual you will receive an Annual Taxation Statement by August each year. Amounts in this Annual Taxation Statement will generally need to be included in your tax return for the preceding taxation year.

You should not complete your tax return for the preceding taxation year until you receive the Annual Taxation Statement.

To obtain your Annual Taxation Statement go to www.investorserve.com.au or contact the SURF2 information line on 1300 780 316 (within Australia) or +61 2 9290 9600 (outside Australia) to request the Annual Taxation Statement to be sent to you.

Resident withholding tax deductions

If you are classified as an Australian tax resident for Australian tax purposes you will have resident withholding tax deducted at the rate of 47% on the full amount of your future distributions unless you provide your Tax File Number (TFN) or Australian Business Number (ABN).

TFN withholding tax is a refundable credit. That is, if the credit exceeds the tax liability you would otherwise have, it will be refunded to you by the Australian Taxation Office. For further information you should contact your own tax advisor.

Go to www.investorserve.com.au in order to provide your TFN or ABN or your bank account or financial institution account information and other details online for your holding. Alternatively contact the SCP Information Line on 1300 780 316 (within Australia) or +61 2 9290 9600 (outside Australia) to request the forms to be sent to you.

FAQs

Q: When will SURF2 make distributions?

A: SURF2 intends to make distributions quarterly in the month after each calendar quarter. The distribution for the June calendar quarter  may be delayed to determine the final annual taxation components.

Q: How do I change my bank or EFT or address details or get details of may distribution or other unitholder records?

A: Please contact the SURF2 Unit Registry on 1300 780 316.

Contact Us

SURF2 Unitholder Enquiries

If you have any queries relating to a unitholding in SURF2 please call the SURF2 information line:

1300 780 316 (within Australia)

+61 2 8016 2885 (outside Australia)

Or you may contact:

SURF@boardroomlimited.com.au or log onto www.investorserve.com.au to update your bank account, TFN, ABN or other details.

General Enquiries

SCA Property Group

Level 5, 50 Pitt Street

Sydney NSW 2000

Telephone: 02 8243 4900