Acquired in March 2016 for $12.0m
Sold in September 2017 for $18.0m

Description:
4 heritage listed Victorian terrace houses in a prime location with an extensive interconnected basement and rear lane access.

Fund Term:
1 Year 6 Months

Strategy:
Acquired in March 2016 for $12.0m
Sold in September 2017 for $18.0m
Eagle Property Group refurbished and re-positioned the asset.
15% vacant at acquisition, sold with 100% occupancy

Performance:
Internal Rate of Return – 27.09% (Net of Fees)
Capital Gain – 34.22% (Net of Fees)