Investment
Status
Full
Purchase
Price
$8.3M
Date of
Purchase
Mar '20
Apr '24 Net
Distribution
8.00%
About Sentinel Industrial Trust
The property located at 56-58 Maggiolo Drive, Paget, Mackay is fully leased to Nepean Longwall, expiring 30 April 2025, with one further 5-year option. The property is a modern industrial facility incorporating 3 freestanding buildings of 3,188sqm GLA on a site of 9,538sqm.
The site comprises an amalgamation of 2 allotments and benefits from extensive concrete and gravel hardstand areas, 3 access / egress points and a low site coverage of only 30%.
The Industrial Trust is an open ended Pooled Trust compromising of Mayfield, Paget (Sandvik), Tuggerah, Paget (Emeco), Bohle, 22 Gateway Drive, Anton Road, 71 Industrial Drive, John Vella Drive, Maggiolo Drive, Mitchelmore, Roseneath, Formation Street, Crocodile Crescent, East Brisbane, Gardner Court, Wulguru, Paget (Enterprise Street), 27-45, 52 Len Shield Street, Paget, and Ron McLean Drive.
Gallery
Location
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