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Balcatta Distribution Centre

This is a 10 hectare dairy processing plant located in one of Western Australia's premier industrial precincts, 12 kilometres north of the Perth CBD. It is the largest, single industrial site in Balcatta and accommodates the Brownes Dairy head office, processing and distribution centre. The site includes 2.1 hectares of surplus land available for development or sale.

Location: North Perth , WA
Acquisition date:Jun 2014
Ownership/Title:100%/Freehold
Cost including additions:$51.1 million
Last Independent Valuation
Date:Dec 2016
Valuation:$51.5 million
Valuation $/m2:$1,807/m²*
Capitalisation rate:6.75%
Discount rate:8.50%
Lettable area:26,392 m²
Site area:10.0 ha
Weighted average lease expiry:16.5 years
Major TenantsGLA m2
Brownes Food Operations Pty Ltd26,392