MRS Case Studies

Syndicate

Harmony Industrial Property Fund

178 Railway Parade, Bassendean (WA)
and 63-69 Pipe Road, Laverton North (VIC)

Building Type / Sector: Industrial

Aquisition Date: October & December 2018

Purchase Price: $13.35m (WA) and $25.2m (VIC)

Investor Return: Projected average of 7.7% per annum over the first 5 years

A recently established industrial property fund with expectations to include a third and possibly fourth asset each meeting the agreed key investment criteria.  Total fund size likely to be $50m to $60m.  Currently two industrial assets securely leased to 8 tenants and a WALE of 5 years.

 

Property Fund Feature Image