Purchase Price: $18,800,000
Purchased on 2 April 2015
Tenant: Sole tenant, Govt department.
5 Osterley Way, Manukau, Auckland
The large unique 8 storey building in Manukau has a single tenant occupying the first 7 floors. Investors have had a stable return as expected since the investment began over three years.
9.25%
pa
Cash return pre-tax, paid monthly