13 Ferndell Street, Granville NSW

13 Ferndell Street, Granville comprises an industrial warehouse, an office building plus additional amenities. The amenities and staff building are connected to the warehouse via an undercover walkway. The remainder of the land consists of a paved area for parking vehicles and drive-around truck access.

Asset summary
Property type Industrial
NABERS energy rating N/A
Ownership interest 100% CMA
Title Freehold
Site area 26,740 sqm
Building constructed 1960s
Car park spaces 53
Tenancy summary
Net lettable area 15,302 sqm
Occupancy (by NLA) 100.0%
WALE (by income) 1.8 years
Major tenants (by gross income)
Bluescope Steel Limited 100%
Valuation summary
Most recent independent valuation $19.9m
Valuation date 30 November 2017
Valuer CBRE
Capitalisation rate 6.75%

This information is accurate as at 30 June 2018. 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.