9-13 Caribou Drive, Direk SA

9-13 Caribou Drive, Direk completed in 2009, the property is located 25 kilometres north of Adelaide, 3 kilometres from the Northern expressway and is the state distribution facility for Kimberley Clarke. The building comprises 6,612 sqm of warehouse with 9.65 metre internal clearance. The property also incorporates 5,900 sqm of driveway and hardstand.

Asset summary
Current book value $8.3m
Capitalisation rate 9.00%
Building area 7,023 sqm
WALE 1.7 years
Occupancy 100%
Major tenants Expiry Area
Kimberley Clarke FY19 7,023 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.