Harmony Syndicate No.3
3-9 Jacobsen Crescent
Holden Hill, SA
Building Type / Sector: Industrial
Aquisition Date: August 2004
Purchase Price: $3.875m
Investor Return: Distributions have averaged in excess of 9.0% per annum since purchase
Whole property leased for 10 years to AAMI up until February 2015, after which Unit 1 was leased for five years and Unit 2 was sold to an owner occupier, resulting in a return to investors of 40% of the initial capital.