Investment
Status
Full
Purchase
Price
$31M
Date of
Purchase
Jun '15
Nov '24 Net
Distribution
8.00%
About Sentinel Industrial Trust
It is an expansive 35.1 hectare site located 7km north west of the Newcastle CBD, within the Port of Newcastle precinct, and 160km north of Sydney in the Hunter Region. The Port of Newcastle is the largest bulk shipping port on the east coast of Australia and the world’s leading coal export port.
The property has multiple buildings on site with 115,797sqm of gross lettable area incorporating office and high clearance warehouse accommodation and benefitting from active rail spurs. Occupying tenants include the NSW Police, Coal Mine Services, Onesteel Trading and manufacturing, and several others.
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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