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MRS Case Studies


Harmony Syndicate No.4

67 Greenhill Road
Wayville, SA

Building Type / Sector: Office

Aquisition Date: December 2004

Purchase Price: $9.2m

Investor Return: Distributions have averaged in excess of 10.0% per annum since purchase

Good quality metropolitan office building which has enjoyed high levels of occupancy and performed well since purchase.

The building has been upgraded gradually over the 12 years of ownership including a new lift, an upgrade of the foyer and the installation of a common kitchen and roof deck area for tenants.