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 Brisbane and Adelaide. 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 28,213 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 three 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
|WALE by income||10.0 yrs|
|Gross lettable area||4,978 sqm|
|Site area||1.02 ha|
|136 Zillmere Road
|Tenant||Bradnam’s Windows & Doors|
|WALE by income||10.3 yrs|
|Gross lettable area||16,048 sqm|
|Site area||3.19 ha|
|68-70 Kapara Road
|WALE by income||3.3 yrs|
|Gross lettable area||7,187 sqm|
|Site area||2.45 ha|