1 Ashburn Road, Bundamba, QLD

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1 Ashburn Road, Bundamba was completed in 2010 and is situated approximately 33 kilometres south west of the Brisbane CBD on the junction of three major highways offering exceptional access to the Port of Brisbane, the CBD and interstate. The property is Reject Shop’s state distribution facility and comprises 1,544 sqm of office accommodation and 25,050 sqm of warehouse. The facility incorporates drive around truck access, 140 car spaces and trailer parking. The property is in close proximity to the Trust’s API facility.

Asset summary
Current book value $36.6m
Capitalisation rate 7.50%
Building area 26,628 sqm
WALE 2.6 years
Occupancy 100%
Major tenants Expiry Area
The Reject Shop FY20 26,628 sqm

Information accurate as at 30 June 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.