Ann: Quarterly Report, page-59

The NDC warehouse will be sold for top dollar as prices have gone up.

Appears will sell for about 4.9% yield.

Rent is $660k pa which equates to about $13.5M sale price at 4.9% yield.

If they originally rented the warehouse for $500k pa at 6% yield = $8.3M option to buy price.

There is about $5M cash to be made with no CGT if they set it up properly. DW8 can purchase with and/or nominee on the contract of sale & then they can flip it to the new owners by nominating them thus don't have to pay stamp duty for the transfer & never appears in DW8 name. No CGT tax will be due as it will be recorded as cashflow & attract company tax rate which will be nil as DW8 is making a loss.