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The properties in the St Hilliers Enhanced Property Fund No. 3 portfolio are:


184-196 Milperra Road, Revesby
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184-196 Milperra Road, Revesby NSW

A 5 hectare industrial complex with frontages to Milperra Road and Marigold Street that is let to McIlwraith Davey (subsidiary of GWA) and NEC Australia. The major leases expire in 2012/2013. The site benefits from close proximity to the M5 with access in both directions and is capable of subdivision to take advantage of the underlying land value. A sales campaign for the complex is underway.



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25-27 Richland Street, Kingsgrove NSW
SOLD

A 1.4 hectare industrial complex located close to the M5, the site is zoned Light Industrial. Development Approval has been obtained for a multi-unit industrial development and terms agreed with a national tenant for 50% of the development.



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460 Bourke Street, Melbourne VIC

A well positioned, freehold, Melbourne CBD commercial property comprising 13 storeys. The building has been extensively refurbished and is currently being leased-up.


   

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