Located on the site are six primary buildings, five of which were constructed in the 1990’s, with the sixth most recent building, a meat processing facility, having been constructed in 2010. The improvements are situated on a large land holding of 20.9 hectares with the ability to provide multi-tenant accommodation and possible future expansion.
Lease Expiry Profile1
1 The tenant on the lease is IGA Distribution (WA) Pty Ltd a wholly owned subsidiary of Metcash Limited.
Key Tenants
Tenant | GLA (sqm) | GLA (%) | Expiry (date) | Review (%/CPI) |
Metcash3 | 98,295 | 100% | Jan-24 | CPI4 |
3 The tenant on the lease is IGA Distribution (WA) Pty Ltd a wholly owned subsidiary of Metcash Limited.
4 A mid-term market rent reviews applies on 19 December 2018 and is subject to a ratchet clause.
Fund Ownership | 100% CLW | |
Title | Freehold | |
Occupancy | 100% | |
Total GLA (sqm) | 98,295 sqm | |
Year Built | 1990s (Refurbished in 2010) |