Investment
Status

Full

Purchase
Price

$37.75M

Date of
Purchase

Jul '19

Aug '19 Net
Distribution

8.00%

About Sentinel Industrial Trust


Comprising a 63,811 sqm industrial site plus 31,501 sqm of rare wet lease area critical for large vessel and marine based tenant requirements.

The property is anchored by major building materials producers Boral, Hanson and Holcim. 100% leased with a 5.5 year WALE (by income).

Rare River access via wet lease areas are a rare feature and a critical operational requirement for Moreton Bay sand miners – leased directly from the State Government.

The property is in close proximity to key logistics infrastructure including the Port of Brisbane, Brisbane Airport, the M1 Motorway and the Gateway Motorway (Trade Coast Precinct).

The tweltfth acquisition for the Open-Ended Pooled Trust comprising Lot 225 Industrial Drive, Mayfield, Newcastle NSW; 14 Boundary Road, Oxley QLD; 37-39 Interlink Court, Paget, Mackay QLD; 69 Tingira Street, Pinkenba, Brisbane QLD; 4 Pioneer Avenue, Tuggerah, Central Coast QLD; 13 Modal Crescent, Canning Vale, Perth WA; 806 Ingham Road, Bohle, Townsville QLD; 116 Magnesium Drive, Crestmead, Brisbane QLD; 107 Farrellys Road and Gateway Drive, Paget, Mackay QLD; 22 Gateway Drive, Paget, Mackay QLD and 108 Magnesium Drive, Crestmead, Brisbane QLD.

Location


Sentinel Industrial Trust

168 Anton Road, Hemmant QLD 4174

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