Officeworks Bunbury (Sold)  
     
Property description Leased to Officeworks, Australia's largest office equipment superstore supplying stationery, computers and office furniture to small businesses and home users nationwide.
Property location Cnr of Symmons and Wittenoom Street, Bunbury
Syndicate commencement date June 2003
Property purchase price $3.50 million
Sale Price $3.93 million
Distribution return in final year 9.5%
IRR since inception 13.2%
Syndicate term Original 6 year term and a 4 year extension
General comments 5 years lease renewal from December 2012 to Officeworks Superstore. Property was sold June 2014.