Investment
Status

Full

Purchase
Price

$22.4M

Date of
Purchase

Nov '17

Current Net
Distribution Dec '18

8.00%

About Sentinel Industrial Trust


Leased to Belkin with sublease to Husqvarna.

The property is used by Husqvarna as the company’s National Headquarters. The Husqvarna group was founded in 1689 and is the world’s largest producer of outdoor power products including robotic mowers, garden tractors, chainsaws and trimmers.

Belkin is a privately owned technology company based in California, USA, with over 1,500 employees across 21 countries.

The Property is located in Tuggerah Business Park, a high profile corporate business centre located midway between Sydney (85km) and Newcastle (75km), providing a strategic regional distribution locality that is positioned to take advantage of its proximity to major transport infrastructure.

The property comprises land totaling approx. 25,230m2 and provides approx. 134 car parks as well as hardstand and truck access areas. The land is improved with a modern industrial facility (completed October 2006) providing highly functional office and warehouse accommodation with a total GLA of approx. 11,937m2.

Sentinel Industrial Trust is an open ended Pooled Trust also compromising of Newcastle Business Park Mayfield NSW, 141 Boundary Road Oxley QLD, 37-39 Interlink Court Paget QLD and 69 Tingira Street, Pinkenba QLD.

Location


Sentinel Industrial Trust

4 Pioneer Ave, Tuggerah NSW 2259

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