Acure Asset Management
Feb 20, 20181 min
Updated: Oct 9, 2020
The 64 GEH Trust is the owner of the property at 64 Great Eastern Highway, which is located in South Guildford approximately 8 kilometres from the Perth CBD and 32 kilometres from the Perth Airport in Western Australia.
Purchase Price - $8.6m
Equity Raising - $5m
Year 1 Distribution Forecast - 11.7%
Average (5yr) Distribution forecast - 12%
Projected Internal Rate of Return (IRR) - 17.7%
Quarterly Distributions
15 year lease to Swick Mining Ltd from December 2013
Weighted Average Lease Expiry (WALE) of 15 years
64 Great Eastern Highway, South Guilford WA
64 Great Eastern Highway, South Guilford WA
64 Great Eastern Highway, South Guilford WA