69 Rivergate Place, Murarrie, QLD

69 Rivergate Place, Murarrie, QLD aerial industrial property hero

69 Rivergate Place, Murarrie is situated within the Australia Trade Coast suburb of Murarrie, approximately 8 kilometres east of the Brisbane CBD. Yamaha Centre is situated on the western side of Rivergate Place which is readily accessible to the Gateway and Port of Brisbane Motorways. The property comprises a modern office and warehouse facility which was constructed in 2008. The site is utilised as Yamaha Motor Australia’s head office and nationwide training facility.

Asset summary
Current book value$31.0m
Capitalisation rate6.25%
Building area11,522 sqm
WALE4.4 years
Occupancy100%
Major tenantsExpiryArea
YamahaFY2311,522 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.