10 Jun Sale Of Kempsey – June 2018
Posted at 01:35h
in News
This site, originally purchased in 2014, has undergone a range of cosmetic, safety and access improvements that have benefited the occupying tenants and the mid-north coast community as a whole.
New long-term leases were negotiated with the existing medical imaging tenant and a new, national GP provider also committed to the centre, taking advantage of the fully-equipped and turn-key GP Clinic.
Investors have benefited from consistent cash distributions ranging from 5-15%, as well as a substantial capital gain that realised a more than doubling of the unit price on exit.