The Directors wish to advise that this opportunity is now fully subscribed and closed to further investment. Please register below to participate in future acquisitions.
This opportunity is now open to Wholesale Investors (as defined in the Australian Corporations Act 2001).
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Summary of Opportunity
Stramit Corporation, Rockhampton
10,094m2 of land with 3,015m2 of building area comprising a steel manufacturing facility, showroom and office. Located in Parkhurst in the northern suburbs of Rockhampton.
To be acquired late 2018/ early 2019
AUD $5.0 million
Total Acquisition Costs
AUD $5.51 million
55% LVR, Variable at 4.30%, non-recourse
Net Passing Yield on Purchase Price
Distributions to Investors (paid monthly)
Projected 9.5% p.a. in 2018/2019