Harmony Wellington

Building type/sector: Office
Sale Date: January 2023
Sale Price: $51.785 million

Investor return:
Investors received an average distribution of 9% per annum over the life of the investment, together with an increase in equity from $1.00 to $2.25 per unit.

Constructed in 2009 to a premium standard and located in arguably the most sought-after office location in affluent East Melbourne, the building delivers stunning views towards the MCG and Southbank.

The property provides over 5,500 of office lettable area with a ground floor café, supported by more than 60 parking bays in the basement.

289 Wellington Parade, Melbourne, VIC

Building/Sector Type: Office

Acquisition Date: December 2009
Purchase Price: $27.0 million

Sale date: January 2023
Sale price: $51.785 million