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Harmony Forestville

4 Leah Street
Forestville, SA

Building Type / Sector: Industrial

Aquisition Date: September 2008

Purchase Price: $4.468m

Investor Return: 9.75% per annum plus some debt reduction

12 year lease to Goodman Fielder until 2020.

Inner suburban site zoned for medium density residential redevelopment, with potential for greater density as a consequence of rezoning currently being considered by Council and State Government.