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Balcatta Distribution Centre

This 10 hectare dairy processing plant is 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
Date:Dec 2016
Valuation:$51.5 million
Valuation $/m2:$1,743/m²*
Capitalisation rate:6.75%
Discount rate:8.50%
Lettable area:26,392 m²
Site area:10.0 ha
Weighted average lease expiry:16.0 years
Acquisition date:Jun 2014
Ownership/Title:100%/Freehold
Cost including additions:$51.1 million
Major TenantsGLA m2
Brownes Food Operations Pty Ltd26,392
Footnotes
  • * Excluding the value of development land.