February 24, 2021 - Peak Equities

57 Northgate Drive, Thomastown

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57 Northgate Drive, Thomastown

Exceptionally well purchased at a passing yield of 10.34%, this high-grade industrial asset is centrally located on a large allotment of land alongside the Western Ring Road, minutes from the Hume Freeway with direct freeway access to the Airport.

In addition to monthly income distributions of 11% P.A., after holding the property for less than three years,

Investors also enjoyed a 26% capital gain or an annual Internal Rate of Return (IRR) of 20.5%.

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