Harmony Property Investments is pleased to announce the successful acquisition of 113-117 Bedford St, Gillman, SA, on behalf of our investors.
This purchase marks the second and final asset in the Harmony Canning Vale Fund, established in 2024, which already includes a securely leased, high quality industrial asset in Western Australia.
The property is an institutional-grade industrial and logistics facility, developed in 2018, with strong long-term capital growth potential. This is supported by the precinct’s low industrial vacancy rate of sub-2.0%, limited land availability in Adelaide’s north-west, and high building specifications including a full ESFR sprinkler system.
We thank our investors for their continued support and extend our appreciation to Max Frohlich and Ryan Mills from Knight Frank for facilitating this transaction.