Investment
Status

Full

Purchase
Price

$7.40M

Date of
Purchase

Dec '21

Jan '22 Net
Distribution

7.25%

About Sentinel Northern Australia Investment Fund


The Property is located at 2 McCarthy Close, Wishart (Darwin) Northern Territory 0822. It is leased to national tenants, including Ingham’s (ASX Listed) and Bells Pure Ice (National Ice Manufacturer and Distributor).

It comprises two cold storage buildings on a site of 8,700 sqm, with a total lettable area of 2,222 sqm. The main cold storage building was rebuilt in 2013 and comprises a 1,955 sqm facility with insulated chiller panels, attached offices, and 4 loading docks. The second cold storage building is a 267 sqm facility of concrete tilt panel construction and a detached transportable style office. Other improvements include a concrete truck access area, perimeter fencing and landscaping.

The Property is situated within Darwin’s burgeoning heavy transport business precinct. It benefits from close proximity to the Stuart Highway, the Northern
Territory’s major arterial road connecting Darwin to Port Augusta in South Australia, via Tennant Creek and Alice Springs. Additionally, it lies within 6 kilometres of the Darwin Port, which is currently undergoing a tender process for
Northern Australia’s largest ship lift.

The Sentinel Northern Australia Investment Fund is an open-ended Trust, with Wishart being the first acquisition.

Location


Sentinel Northern Australia Investment Fund

2 McCarthy Close, Wishart NT 0822

Return to Property Trusts

Property Trusts

Visit the Wishart page

Visit Property

Request an Investor Information Pack


To take the next step, please call us on 07 3733 1660 or submit the form below.

Register Your Interest
^
Top