Wholesale Investor Syndication

Scott Commercial Property

Focus on Property has proudly completed the Wholesale Investor Syndication of 6-14 Parkinson Place, Te Rapa, Hamilton.

The ownership structure is by way of a Limited Partnership and is forecast to provide an 8.25% pa pre-tax return paid monthly to the investors.

Wholesale Investors have contributed $6m of equity and bank funding a further $5.045m to enable a smooth settlement for the vendors. The property was acquired for $10.75m and now sits with the management team for the day-to-day operations and reporting to the investors.