A modern office complex comprised of two buildings in Vernon’s Village Green precinct. The property has 16,000 ft2 and 65 parking stalls on grade. It is fully leased on a long term basis.
- Purchase: $4.5m
- Equity: 50%
- Debt: 50%
Long term annuity return with potential for modest capital growth. Forecast annual return on equity of 9% pa over 5 years.