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Cleveland Industrial Park Trust, QLD

EXCLUSIVE INVESTMENT OPPORTUNITY

Cleveland Industrial Park Trust

An exclusive investment opportunity to invest in the upcoming Cleveland Industrial Park Trust.

The Trust will acquire a highly attractive metro industrial + logistics facility at
19 Enterprise Street, Cleveland QLD.

 The property is being acquired for $31.2m, representing a 55% discount to replacement cost and a high underlying land value of 81%.

The Trust is targeting a strong risk-adjusted return profile via an active leasing and asset management strategy. There are multiple value add opportunities available, including a potential warehouse expansion to increase the GLA by up to 3,600 sqm and outperform the base case target returns. 

Register your interest

Complete the form and our Investor Relations team will be in touch.

KEY DATES

  • Expressions of interest –
    Register your interest now
  • Offer open 
    Wednesday, 24 July 2024
  • Applications close –
    Wednesday, 14 August 2024
  • Settlement
    Wednesday, 28 August 2024

Investment Rationale

~6.5% p.a.

STRONG TARGET AVG. DISTRIBUTION

~14% to 15% P.A.

ENHANCED TARGET IRR

39% SITE COVERAGE

VALUE ADD OPPORTUNITY TO INCREASE GLA BY UP TO 3,600 SQM

55% DISCOUNT

TO REPLACEMENT COST

21% UNDER-RENTED

HIGH EMBEDDED RENTAL REVERSION

81%

HIGH UNDERLYING LAND VALUE

VIDEO

GALLERY

Get in Touch

Should you have any queries, please get in touch with our Investor Relations team below.

Lyle Hammerschlag

Executive Director of Private Wealth

M+61 419 211 577
Elhammerschlag@centennial.com.au

Nothing in this section of Centennial Property Group’s (Centennial’s) website will form part of or be the basis for any contract or commitment. This section of our website is not an offer or invitation to acquire any securities in Australia or elsewhere. You should carefully read the information memorandum before deciding to invest in the financial product described in that information memorandum, particularly as no cooling-off regime will be available.