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The Centuria Industrial Income Fund No.2 (Fund) is an unlisted property fund that has invested in a direct industrial asset in Mackay, Queensland. The Fund has acquired a modern, purpose-built logistics facility which is 100% leased to Blackwoods, a subsidiary of ASX-listed Wesfarmers.
Situated in the gateway to Central Queensland’s regional markets, the property is strategically located in Mackay’s main industrial precinct of Paget at 69-79 Diesel Drive in close proximity to the city’s airport and intermodal terminal. Furthermore, the asset is also well positioned to benefit from continued investment within the mining, engineering, technology and services sectors within the region.
FUND AND ASSET SUMMARY | |
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APIR code | CNT8216AU |
ARSN | 663 453 487 |
Fund commencement date | December 2022 |
Number of properties | One |
Property address | 69-79 Diesel Drive, Paget, Mackay |
Property type | Industrial |
Ownership interest | 100% Centuria Industrial Income Fund No.2 |
Title | Freehold |