Harmony Altona

Building type/sector: Industrial

Investor return:
Investors received a distribution of 10.0% per annum over the life of the syndicate, together with an increase in investor equity from $1.00 per unit to $1.39 per unit

Harmony-Altona-Case-Study

The property was sold in February 2015 for $8.25 million.  Investors received a distribution of 10.0% pa over the life of the syndicate, together with an increase in investor equity from $1.00 per unit to $1.39 per unit.

221-229 Maidstone Street, Altona VIC

Building/Sector Type: Industrial

Acquisition Date: May 2009
Purchase Price: $6.5 million

Sale date: February 2015
Sale price: $8.25 million