2 Woolworths Way, Warnervale, NSW

2 Woolworths Way, Warnervale, NSW aerial industrial property hero shot

2 Woolworths Way, Warnervale property is located within the Warnervale Business Park next to the M1 Freeway approximately 65 kilometres south of Newcastle and 95 kilometres north of Sydney. The property was constructed 2006 and comprises a high quality distribution centre with a mix of ambient and temperature controlled accommodation. The warehouse benefits from 9.5 to 13.5 metres clearance, 47 loading dock levellers and 18 finger docks. The site also provides ample on-site parking and extensive hardstand, which comfortably caters for the 800 truck movements per day.

Asset summary
Current book value $81.2m
Capitalisation rate 7.00%
Building area 54,533 sqm
WALE 2.6 years
Occupancy 100%
Major tenants Expiry Area
Woolworths FY22 54,533 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.