Centuria Industrial Income Fund No.1
The Centuria Industrial Income Fund No.1 (Fund) is an unlisted property fund that has invested in a portfolio of direct industrial assets in Queensland, South Australia and Western Australia. Situated within core industrial locations in close proximity to major transport infrastructure, the properties are 100% leased to a range of national and multi-national tenants in the logistics, manufacturing and distribution sectors.
The portfolio comprises 32,046 sqm of gross lettable area and is positioned well to benefit from significant infrastructure investment in both Queensland and South Australia, as well as the structural tailwinds being provided to the broader industrial real estate sector by the accelerating shift to online retail.
All four leases over the properties are structured on a net basis and include fixed annual rent increases delivering healthy built-in rental growth.
| 2-8 Titanium Court Crestmead Qld |
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| Tenant | Vulcan Steel |
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| Occupancy | 100% |
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| Gross lettable area | 4,978 sqm |
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| Site area | 1.02 ha |
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| 136 Zillmere Road Boondall Qld |
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| Tenant | Bradnam’s Windows & Doors |
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| Occupancy | 100% |
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| Gross lettable area | 16,048 sqm |
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| Site area | 3.19 ha |
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| 68-70 Kapara Road Gillman SA |
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| Tenant | ACFS Port Logistics |
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| Occupancy | 100% |
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| Gross lettable area | 7,187 sqm |
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| Site area | 2.45 ha |
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| 431 Victoria Road Malaga WA |
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| Tenant | Select Plant Australia |
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| Occupancy | 100% |
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| Gross lettable area | 3,833 sqm |
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| Site area | 1.51 ha |
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