136 Zillmere Road, Boondall, QLD

zillmere-rd-boondall-small

136 Zillmere Road, property is located approximately 12 kilometres north of the Brisbane CBD, in a well-established industrial precinct. The property benefits from an approximate 100 metre frontage to Zillmere Road. Improvements are located across two separate facilities to provide a net lettable area of approximately 15,621m², plus hardstand and a three level carpark for 250 cars. The site is fully leased to Bradnams Windows and Doors Pty Ltd expiring on 13 September 2023.

Property Information
Property type Industrial
 Ownership interest 100%
 Title Freehold
 Latest external valuation June 2016
 Book value ($m) 28.3
 Capitalisation rate (%) 7.25
 Net lettable area (NLA) 16,053 sqm
 Occupancy (%) 100
 Weighted average lease term to expiry (years) 7.2
 Major Tenant Bradnams
 Lease expiry August 2023

*Information accurate as at 11.01.2017 and provides a summary of key information in relation to the named property within the Centuria Industrial REIT portfolio. Information is in summary form only and investors should refer to the Fund’s published financial statements and other disclosures for further information and detail on the portfolio.