Harmony Diversified Fund 1

Building type/sector: Office/Retail

Investor return:
6.5% per annum distribution for the first two years, increasing to 8.0% thereafter

A dual property investment comprising a refurbished office building in Eight Mile Plains, QLD and brand-new retail showroom/warehouse in Marsden Park, NSW.

 

The properties together have a total of six tenants including but not limited to RSEA, Total Tools and Task Labour, providing a combined WALE of 5.5 years

53 Brandl Street, Eight Mile Plains QLD

Building/Sector Type: Office

Acquisition Date: March 2020
Purchase Price: $12.9 million

10 Ultimo Place, Marsden Park NSW

Building/Sector Type: Retail

Acquisition Date: September 2020
Purchase Price: $14.07 million