Harmony Gillman

Building type/sector: Industrial
Aquisition Date: July 2022
Purchase Price: $47 million

Investor return:
3.0% per annum distribution, increasing to 5.0% pa

A value-add investment that is anticipated to provide investors significant medium to long term capital value growth prospects facilitated by the development of a prime 11 hectare site.

The site has existing improvements, comprising various quality buildings of approximately 38,500sqm of gross building area, of which approximately 13,800sqm are modern and are envisaged to be retained in the long term. The intention is that the balance of the existing lower quality improvements will be demolished and re-developed over time.


124-134 Eastern Parade, Gillman, SA

Building/Sector Type: Industrial

Acquisition Date: July 2022
Purchase Price: $47 million