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Location
The property is located approximately seven kilometres from AdelaideĆ­s 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 30 June 2020
Title
Freehold
Site area
25,660 sqm
Lettable area
14,459 sqm
Occupancy
77 %
WALE (by income)
2.8 years
Major tenant
Aluminium Specialties Group
Valuation summary
Book value
$ 22.0 m
Valuation date
30-Jun-20
Cap rate
7.25 %
Discount rate
7.75 %
Location
The property is located approximately seven kilometres from AdelaideĆ­s 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.