149 Kerry Road, Archerfield QLD

This property is a large manufacturing and storage facility that was originally purpose built for BlueScope Steel (previously John Lysaght Australia) in 1991. It features an attached single level office building, several demountable buildings, a workshop and large areas of hardstand and truck maneuvering areas.

Asset summary
Property type Industrial
NABERS energy rating N/A
Ownership interest 100%
Title Freehold
Site area 44,340 sqm
Building constructed 1991
Latest refurbishment Periodic
Car park spaces Multiple parking bays
Tenancy summary
Net lettable area 13,774 sqm
Occupancy (by NLA) 100.0%
WALE (by income) 7.5 years
Major tenants (by gross income)
Bluescope Steel Limited 100%
Valuation summary
Most recent independent valuation $24.5m
Valuation date 15 May 2016
Valuer CBRE
Capitalisation rate 7.25%

This information is accurate as at 30 June 2017. It provides a summary of key information in relation to the named property within the Centuria Metropolitan 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.