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WA Syndicator Lester Group Acquires Wendouree Health and Large Format Retail Centre Off – Market for $33.3 Million – Stonebridge

Perth-based fund manager Lester Group’s refurbishment program at its four-level Macquarie Park office building has paid off after the group sold it for close to $26 million.

Leading Western Australian property investor and syndicator, Lester Group, has sold another Sydney property for a profit of more than $11.5 million after just four years. This is their third sale from the Sydney market in the past year, each delivering substantial profits to their investors.

Leading Western Australian property investor and syndicator, Lester Group continues to take advantage of the strong Sydney market, selling a significant industrial and logistics property for $24.4 million. The Perth based property group will deliver almost $10 million in capital gain as well as rental income to its investors, over the four-year investment. The syndicate