Harmony Industrial Property Fund 1

Building type/sector: Industrial

Investor return:
7.0% per annum distribution

Harmony-Industrial-Property-Fund-1-case-study

A multi-property industrial fund comprising three well-located, securely leased assets and with a combined WALE in excess of 5 years.

 

The three investments, which were purchased over a nine-month period across Victoria, Queensland and Western Australia, benefit from 11 separate tenancies and staggered lease expiry dates.

178 Railway Parade, Bassendean, WA

Building/Sector Type: Industrial

Acquisition Date: October 2018
Purchase Price: $13.35 million

63-69 Pipe Road, Laverton North, VIC

Building/Sector Type: Industrial

Acquisition Date: December 2018
Purchase Price: $25.2 million

1425 Boundary Road, Wacol, QLD

Building/Sector Type: Industrial

Acquisition Date: June 2019
Purchase Price: $10.6 million