Harmony Larahill

Building type/sector: Industrial

Investor return:
7.5% per annum distribution

Two modern, well located industrial office/warehouse buildings in sought after locations, securely leased to corporate tenants.

At purchase, the syndicate had a WALE of 3.5 years, with syndicate cash earnings over the initial three years projected to be 10.3% per annum.

64 Axis Place, Larapinta, QLD

Building/Sector Type: Industrial

Acquisition Date: June 2015
Purchase Price: $6.875 million

Sale date: July 2021
Sale price: $9.34 million

22-24 Howleys Road, Notting Hill, VIC

Building/Sector Type: Industrial

Acquisition Date: June 2015
Purchase Price: $11.975 million

Sale date: January 2022
Sale price: $9.0 million