Officeworks Bunbury  
     
Property description Leased to Officeworks, Australia's largest office equipment superstore supplying stationery, computers and office furniture to small businesses and home users nationwide.
Property location Cnr of Symmons and Wittenoom Street, Bunbury
Syndicate commencement date June 2003
Property purchase price $3.50 million
Current property value $4.74 million (July 2008)
First year return 8.50%
Projected earnings for year to 30 June 2009 10.5%
Syndicate term 6 years
General comments 10 years lease from 31 December 2002 to Officeworks Superstore