The property has B-double access, multiple crossovers, full ‘drive-around’ access and 2,300 sqm of heavy-duty hardstand. The warehouse features six 10-tonne gantry cranes and an on-site washdown facility.
Investors were attracted to the investment’s secure 8.7% annual distribution yield as well as the asset’s long-term value-add potential. The fund was oversubscribed.
FEBRUARY 2022
INDUSTRIAL
4,732 sqm
13,000 sqm