What are the property acquisition costs and the cash reserve?

Property acquisition costs involved in purchasing a property include items such as stamp duty, legal fees, buyer’s agent fees and establishment fees for the BrickX Trust that holds the property.

Acquisition Costs costs are included in calculating the Initial Brick Price and then these costs are amortised evenly over a 5 year period.

The main purpose of the Cash Reserve is to cover ongoing costs over a vacant period or any large unexpected expenses relating to the property (e.g. major repairs or special levies).

Refer to the Product Disclosure Statement for more information.


Did you find it helpful? Yes No

Send feedback
Sorry we couldn't be helpful. Help us improve this article with your feedback.
Get in touch
We're here to help. If you have a specific question, you can contact us via Live Chat or phone Monday-Friday from 8.30am-6.00pm (Sydney time).
To speak with us at a specific time, you can schedule a call with our Head of Customer Service.