A multi-property industrial fund comprising three well-located, securely leased assets and with a combined WALE in excess of 5 years.
The three investments, which were purchased over a nine-month period across Victoria, Queensland and Western Australia, benefit from 11 separate tenancies and staggered lease expiry dates.
178 Railway Parade, Bassendean, WA
Building/Sector Type: Industrial
Acquisition Date: October 2018
Purchase Price: $13.35 million
Sale date: August 2022
Sale price: Portfolio - $97 million
63-69 Pipe Road, Laverton North, VIC
Building/Sector Type: Industrial
Acquisition Date: December 2018
Purchase Price: $25.2 million
Sale date: August 2022
Sale price: Portfolio - $97 million
1425 Boundary Road, Wacol, QLD
Building/Sector Type: Industrial
Acquisition Date: June 2019
Purchase Price: $10.6 million
Sale date: August 2022
Sale price: Portfolio - $97 million