Skip to main content
Location
Constructed in 2003, the property comprises a modern two-level office and warehouse facility and on-site parking. The property offers a large 'super awning' as well as recessed and on-grade loading docks.
Description
The property comprises three factory/warehouses and a small stand-alone two-level office. Lighting at the site has been upgraded to LEDs and the premises are fully sprinklered. The property offers institutional-grade accommodation in a tightly held 'infill' location.
Asset summary
as at 31 December 2023
Title
Freehold
Site area
42,280 sqm
Lettable area
27,978 sqm
Occupancy
100 %
WALE (by income)
1.1 years
Major tenant
Paper Australia
Valuation summary
Book value
$ 58.0 m
Cap rate
5.50 %
Discount rate
7.00 %
Location
Constructed in 2003, the property comprises a modern two-level office and warehouse facility and on-site parking. The property offers a large 'super awning' as well as recessed and on-grade loading docks.
Description
The property comprises three factory/warehouses and a small stand-alone two-level office. Lighting at the site has been upgraded to LEDs and the premises are fully sprinklered. The property offers institutional-grade accommodation in a tightly held 'infill' location.