1 Lahrs Road, Ormeau, Queensland
Modern 9,554sqm cold facility in Ormeau, QLD, acquired with an initial yield of 5.5%
6.5-year WALE, 100% occupied
Capitalises on demand for cold storage facilities, which currently outweighs supply
Services the non-discretionary food related market.
Centuria Industrial REIT (ASX: CIP) has acquired a 9,554sqm cold facility in Ormeau, Queensland, for $43m on an initial yield of 5.5%,