The Henderson Trust

Purchased in September 2013 on a sale and leaseback basis, this industrial property south of Perth comprises 5,741 square metres of land fronting two streets.  It has a long term lease to a steel fabrication company.

Investment Highlights
Purchase Price
$4,000,000
Building Area
2,800 sqm
Equity Raised
$1,850,000
Year 1 Distribution
9.75%
Projected Internal Rate of Return
12.62%
Original Syndicate Term
5 years