Investment
Status
Full
Purchase
Price
$3.5M
Date of
Purchase
Sep '19
Nov '24 Net
Distribution
8.00%
About Sentinel Industrial Trust
Vacant industrial site located 7km north west of the Newcastle CBD and located within the Port of Newcastle precinct. This allotment directly adjoins our large industrial asset at 51 Industrial Drive Mayfield. It has wide frontage to Industrial Drive, a main thoroughfare into Newcastle CBD.
Zoned ‘SP1 Special Activities’ which aims to facilitate development that is in keeping with the special characteristics of the site, to maximise the use of waterfront areas to accommodate port facilities and industrial, maritime industrial, freight and bulk storage premises that benefit from being located close to port facilities and to support development that, by its nature or scale, requires separation from residential areas and other sensitive land uses.
The Industrial Trust is an open ended Pooled Trust compromising of Mayfield, Paget (Sandvik), Tuggerah, Paget (Emeco), Bohle, 22 Gateway Drive, Anton Road, 71 Industrial Drive, John Vella Drive, Maggiolo Drive, Mitchelmore, Roseneath, Formation Street, Crocodile Crescent, East Brisbane, Gardner Court, Wulguru, Paget (Enterprise Street), 27-45, 52 Len Shield Street, Paget, and Ron McLean Drive.
Gallery
Location
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