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Fund Update

|
Major Tenant |
NLA sqm |
% NLA |
Expiry |
Rent Review |
|
IGA Distribution WA |
6,961 |
70% |
18 Dec 2027 |
Annual CPI |
6-8 Geddes Street, Balcatta WA
|
Property information as at 31 December 2023 |
|
|
Book value |
$18.65m* |
|
Capitalisation Rate |
6.00% |
|
Net Lettable Area (sqm) |
9,961 |
|
Occupancy (by NLA) |
100% |
|
WALE |
3.0 years |
|
Building constructed |
1991 |
|
Latest refurbishment |
2013 |
Notes: (1) * Consolidated for reporting purposes - includes 5 Kenhelm Street, Balcatta, WA.