LHN Limited has completed its acquisition of the property on 99 Rangoon Road, according to a release dated Oct 16.
The company paid its balance of $13.78 million, exclusive of goods and services tax (GST) to the vendor on Oct 16, following its deposit payment on Aug 7 of $725,000 excluding GST.
The Rangoon Road property has a total land area of 242.6 square metres and is an estate in fee simple property.
Shares in LHN Limited closed 0.5 cents lower or 1.54% down at 32 cents on Oct 16.
