The properties in the St Hilliers Enhanced Property Fund No. 3 portfolio are:
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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. |
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25-27 Richland Street, Kingsgrove NSW 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 is undergoing refurbishment and will be re-let and on-sold in 2008. | |
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