Quanta Connors Road Industrial Trust
This industrial investment opportunity offers an attractive forecast 5-year average distribution of 8.25% net per annum, commencing at 7.50% net per annum, and increasing to 9.75% net per annum.
The Property is fully occupied by United Group Limited (UGL), a subsidiary of Germany's largest construction company. The land rich 3.1ha modern industrial facility has a low site cover (29%) and includes a total building area of 8,881 sqm across two large warehouses. In addition to the triple net nature of the lease, the Vendor has committed $1.5 million towards capital works upgrades, future-proofing the capital expenditure profile.
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