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 Tenants | GLA m2 | |
| Brownes Food Operations Pty Ltd | 26,392 | |