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Location
The property is located in Yatala within the Access Business Park, 35 kilometres south east of the Brisbane CBD, with direct access to the Pacific Motorway. Yatala is located between Brisbane and the Gold Coast and is a significant logistics and manufacturing hub servicing south east Queensland and northern New South Wales.
Description
The property was constructed in 2008 and consists of a purpose-built warehouse with adjoining two-level office/showroom.
Asset summary
as at 30 June 2021
Title
Freehold
Site area
18,630 sqm
Lettable area
8,951 sqm
Occupancy
100 %
WALE (by income)
4.1 years
Major tenant
Volo Modular
Valuation summary
Book value
$ 15.4 m
Valuation date
30-Jun-21
Cap rate
5.25 %
Discount rate
6.00 %
Location
The property is located in Yatala within the Access Business Park, 35 kilometres south east of the Brisbane CBD, with direct access to the Pacific Motorway. Yatala is located between Brisbane and the Gold Coast and is a significant logistics and manufacturing hub servicing south east Queensland and northern New South Wales.
Description
The property was constructed in 2008 and consists of a purpose-built warehouse with adjoining two-level office/showroom.