The appetite for industrial property continues to defy economic naysayers and given the continued demand for warehousing and logistics facilities and the desire to shore up supply chains domestically, this trend may continue. Demand is coming in from institutional through to private investors, but importantly there are mechanisms that allow private investors to get in at a lower entry point than buying an entire industrial property.
Centuria has secured an industrial asset located in Mackay which is considered a gateway to Queensland’s regional markets, lying between Cairns and Brisbane on the major coastal highway.
The demand drivers in the Mackay market are consistent with the continued demand for industrial and logistics space. These include population growth, the major port of Mackay being responsible for the export and import of mining products and refined sugar exports, government investment in major road infrastructure, health, social housing, and education.
Centuria present this unlisted property investment opportunity to investors with a minimum investment of $50,000 in a high quality logistics facility that is fully leased to ASX-20 listed Wesfarmers. The Fund has an initial five year investment term and throughout the life of the Fund, investors will receive monthly distributions1 that are derived from the rental income on the property. The lease agreement has built in rental reviews, and the facility has a DA approved development opportunity for the site providing potential valuation and income upside.
Unlisted property can deliver portfolio diversification from traditional assets such as shares and managed funds as well as providing the potential for monthly returns. Centuria have nearly 25 years experience in managing unlisted property funds, and the business currently hold around 63% of their AUM in these types of funds. Find out more about the Centuria Industrial Income Fund No.2 and how you can invest today in this exciting sector.
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1.Distributions will be paid if declared by Centuria Property Funds Limited and will be subject to the terms set out in the PDS.
