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| Property description |
Modern gymnasium facility fully leased by the Zest Health Club group. |
| Property location |
Chesterfield Road , Mirrabooka |
| Syndicate commencement date |
October 1999 |
| Property purchase price |
$2.375 million |
| Sale value |
$3.8 million |
| First year return |
13.5% |
| Return in final year |
15.5% |
| Syndicate term |
10 years |
| General comments |
This property was sold in October 2006 at $3.8 million. An Internal Rate of Return of 19.9% over the life of the investment was provided to syndicate members. |
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