515 Pacific Hwy, St Leonards
This investment was structured using a Unit Trust that
purchased the property and leased the space to commercial
tenants. Units were offered to investors via Quantum Securities
Pty Ltd a licensed security dealer. Quantum Securities managed
the property on behalf of the trust.
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515 Pacific Hwy was purchased on May 1998, and was sold
as a fully leased building in June 2002. For $6.7M, with
an after tax return of 76% to investers.
This was a landmark building on the Pacific Highway in
St Leonards with Cap'n Snooze as the major retail tenant
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