The Property located at 181 Great Eastern Highway
Investment Highlights
- 10.3% average income return per annum
- 12.58% average total return per annum
- 6 year investment term
- Feasibility rental income projections based on contracted amounts only
- Opportunity to acquire a prominent office building in the tightly held Belmont location
- Major tenant, NRW Holdings Ltd (ASX listed with approx. $650 million market capitalisation)
- 6 years until lease expiry plus a 5 year option
- Excellent location, equal in distance between Perth CBD and the airport
- Large land area, two titles
- Significant development potential, excess plot ratio exists
Lester Group will invest at least $1 million.