2 Keon Parade, Keon Park, VIC

2 Keon Parade, Keon Park, VIC

2 Keon Parade, Keon Park is situated in a well-established industrial location, approximately 17km north of the Melbourne CBD. The warehouse was extended 2016 and new office constructed. The property is on the same Title as the Fund’s property at 49 Temple Drive, Thomastown.

Asset summary
Current book value$25.1m
Capitalisation rate5.75%
Building area19,527 sqm
WALE11.6 years
Occupancy100%
Major tenantsExpiryArea
OroraFY3119,527 sqm

Information accurate as at 31 December 2018 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.