69 Studley Court, Derrimut, VIC

69 Studley Court, Derrimut, VIC

69 Studley Court, Derrimut is a modern freestanding office and warehouse facility completed in 2009 comprising office accommodation positioned over two levels and a high clearance warehouse benefiting from large canopies and large container rated hardstand and truck weighbridge. Access to the warehouse is via 18 roller doors, providing a mixture of on-grade and raised dock access. Derrimut is an established yet emerging industrial precinct approximately 12 kilometres west of the Melbourne CBD and is accessed via both the Western Ring Road and Westgate Freeway.

Asset summary
Current book value$21.5m
Capitalisation rate6.50%
Building area14,365 sqm
WALE1.1 years
Occupancy100%
Major tenantsExpiryArea
Silk LogisticsFY2014,365 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.