91-97 Grenfell Street
Building Type / Sector: Office
Aquisition Date: January 2009
Purchase Price: $35.5m
Investor Return: Distributions averaged 8.8% per annum from purchase to July 2017
Property which has performed very well since purchase, including the State Government agreeing to a new seven year lease over five floors.
Extensive refurbishment/upgrading works have gradually occurred over the eight years of ownership, including a major upgrade of the foyer and facade completed in early 2017.