History of Previous GDI Projects

Modern three level office building providing 2100 sq mtrs of office space purchased in September 2001 for $5.5 million. Leased to multiple tenants. The property was strata titled, re-imaged and subsequently sold in strata format realising approximately $9 million in strata sales.

 A modern office building providing accommodation over five levels, purchased for $4.2 million in March 2004. Leased to multiple tenants with 2 floors vacant at time of acquisition. The property was strata titled and was fully being sold down in separate strata titles over 5 years completing in 2009. A gross realisation in the region of $7 million was achieved.

A modern office building with multiple tenants purchased in February 2001 for $11.75 million. The property has been strata titled and the floors have been re-imaged. A sell down of strata lots was completed in 2006. The gross realisation of strata sales was in excess of $18 million.

A modern six level office building providing 4000 square metres of office space, purchased for $6.5 million in September 1997. The property had multiple tenants and was sold in December 1998 for $9.1m realising a healthy capital gain.

A modern office building over ground and four upper levels providing 3000 square metres of office space, purchased in 1996 for $4.5 million. The property was strata titled, re-imaged and subsequently sold in strata format realising in excess of $6.5 million in strata sales.

A modern five level office building providing 6500 square metres of office space , purchased in January 1995 for $11 million. The property was strata titled, re-imaged and subsequently sold in strata format realizing approximately $16 million in strata sales.

A refurbished office warehouse building comprising 5300 sq mtrs of space over 5 levels, purchased in July 1993 for $5.5 million. The property was strata titled, re-imaged and sold down in strata lots realising in excess of $5.5 million.

A modern nine level office building providing 5300 square metres of office space purchased in September 1993 for $8.6 million. Leased to multiple tenants, the property was strata titled, re-imaged and subsequently sold in strata format realising approximately $13.5 million in strata sales.

A modern five level office building providing 8000 square metres of office space purchased in August 1992. Leased to multiple tenants, the property was strata titled, re-imaged and subsequently sold in strata format realizing approximately $12 million in strata sales.