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Fund Update

 

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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.