310 Spearwood Avenue, Bibra Lake, WA
310 Spearwood Avenue, property is located within the established Bibra Lake Industrial Area, approximately 17 kilometres south of the Perth CBD. The property comprises four warehouses with between 7.5 and 9.5 metre internal clearance. The site has drive around and through truck access and three street frontages.
|Latest external valuation||June 2016|
|Book value ($m)||50.0|
|Capitalisation rate (%)||8.00|
|Net lettable area (NLA)||59,508 sqm|
|Weighted average lease term to expiry (years)||2.4|
|Major Tenant (44,296 sqm)||AWH|
|Lease expiry||June 2019|
*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.