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Sold 28-54 Percival Road, Smithfield (NSW)

Comprises a 5.5 ha site, improved with 26,000 sqm (approximately) of older style, functional improvements. The property is a high yielding, land-rich investment disclosing a passing yield in the order of 9.6% which has since been refurbished and re-leased, improving investor returns.

Syndicate term:

8 years

Purchase price:

$19,200,000

Anticipated return on equity:

14 – 16% pa

Actual term:

4.7 Years

Sale price:

$44,800,000

Total investor return:

276%

GM Property Group
T (+61) 8 6555 3215

E admin@gmpg.com.au
M PO BOX 432, Cottesloe WA 6911

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