PHC Darlinghurst Syndicate

    Fund Overview

    The Syndicate has invested in a single medical clinic situated in Sydney. The Syndicate currently pays quarterly income distributions to investors. As this investment is a Syndicate, it is unable to offer a withdrawal facility prior to the sale of the property.

    Portfolio Overview

    The Primary Healthcare Darlinghurst Syndicate invests in a single medical clinic located at 213-219 Darlinghurst Road, Darlinghurst, NSW. The property is leased to Primary Healthcare Limited (Primary), a publicly listed company and exhibits a secure and long lease expiry profile. Primary continues to operate profitably as a business.

    Investor Liquidity

    The Syndicate is intended to wind up some time after the 10th anniversary of the settlement of the original purchase.  The precise timing of wind up will be determined by a vote of investors.  A vote of 50% of investors is required in order to sell the property during the period from September 2009 to August 2013.  A vote of 25% of investors would be required between September 2013 and August 2016.  Net proceeds of the sale of the asset will be distributed to Syndicate investors.

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    Arena Investment Management Limited ABN 23 077 235 879 AFSL No. 233190 has prepared this for general information only. It does not take into account your current or future financial circumstances. It is important for you to consider these matters before you make an investment decision on holding or acquiring these products. For further information please contact your financial planner or Arena Investor Services on 1800 008 494.

    This Fund is currently closed to applications. Please contact Arena Investor Services on 1800 008 494 for further information.