The 13,162sqm industrial facility was constructed in 1998, and later extended in 2008. It is located at 806 Ungham Road, Bohle QLD in Townsville’s major industrial precinct.
It is fully leased on a 24-year agreement until June 2032, to Orora (ex Amcor) who have a market cap of $3.32 billion AUD. The tenant has invested $2.8 million over the last 2 years on machinery in the facility including a new ‘cutter’ with an estimated cost of $1 million.
Situated on a 31,820sqm corner site with substantial 230m frontage to Ingham Road with excellent access to the Bruce Highway.
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.