Harmony Murarrie

Building type/sector: Industrial/Business Park

Investor return:
Investors received a distribution of 8.5% per annum over the life of the syndicate, plus an increase in investor equity from $1.00 per unit to $1.62 per unit

Inner suburban industrial facility in a prime location next to the Gateway Bridge which was leased to Toll until March 2017, and sold shortly after Toll recommitted to a new 5 year lease.

21 Metroplex Avenue, Murarrie, QLD

Building/Sector Type: Industrial/Business Park

Acquisition Date: July 2011
Purchase Price: $8.02 million

Sale date: September 2017
Sale price: $12.03 million