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MRS Case Studies


Harmony Rose Park

142-144 Fullarton Road
Rose Park, SA

Building Type / Sector: Office

Aquisition Date: August 2011

Sale Date: 2017

Purchase Price: $12.0m sold in 2017 for $18.0 million

Investor Return: 9.5% per annum

Private syndicate established to facilitate the development of a new two level office building on a prime site overlooking Adelaide’s East Parklands. The development was underpinned by long term leases to Gerard Lighting Ltd and Gerard Corporation.