Acacia Gate Industrial Estate

Overview

Acacia Gate Industrial Estate is an industrial unit estate spread over four separate office/warehouse buildings with a total GLA of approximately 18,480 square metres.

The estate provides tenants with flexibility to expand by aggregating neighbouring tenancies, which range from approximately 840 to 4,950 square metres. A refurbishment program was completed in 2018 that involved a progressive internal and external ambient upgrade. The estate has subsequently been fully sprinklered.

Asset Information

  • Asset typeIndustrial
  • Year built1986
  • Asset locationBrisbane, southern suburbs
  • Site area (hectares)3.23
  • Lettable area ('000sqm)18.5
  • OwnerDWAPF
  • Ownership (%)100
  • Major tenantKAB Seating, Ozmas Trading
  • Acquisition dateSeptember 2015
  • Independent valuation dateJune 2023
  • Independent valuation at ownership ($m)34.75
  • Market cap rate (%)5.75
  • Leased by area (%)100
  • Weighted lease term by income (years)3.0
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