QuantumGroup - 515 Pacific Hwy, St Leonards - Syndicate
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QuantumGroup
 
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.

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

10 Second Review
Purchase Date
June '98
Lettable Area
2,208²m
Acquisition Price
$4.95 M
Sale Price
$6.73 M
After Tax Return
75.77%


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