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Location

The property is located approximately seven kilometres from Adelaide’s CBD with easy access to major transport routes and the Port of Adelaide.

Description

The property was built in 2015 and is made up of a multi-level office and single-level, high-clearance, warehouse facility.

Asset summary
as at 31 December 2019
Title
Freehold
Site area
25,660 sqm
Lettable area
14,459 sqm
Occupancy
100 %
WALE (by income)
3.2 years
Major tenant
Aluminium Specialties Group
Valuation summary
Book value
$ 22.0 m
Valuation date
31-Dec-19
Cap rate
7.25 %
Discount rate
7.75 %
Location

The property is located approximately seven kilometres from Adelaide’s CBD with easy access to major transport routes and the Port of Adelaide.

Description

The property was built in 2015 and is made up of a multi-level office and single-level, high-clearance, warehouse facility.