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Industrial
Sector
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$21.5 million
Acquisition Price
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7.38%
Net Passing Yield
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7.38%
Fully Leased Yield
28 Flint Street comprises a 30,870sqm industrial site (21,402sqm usable land) in the Richlands industrial precinct in Brisbane, QLD. The development includes a new industrial facility with 12,211sqm of GLA. The site is in the established southwest industrial precinct, 18km southwest of the Brisbane CBD, 38km west of the Port of Brisbane and 34km from Brisbane Airport.
The ACE fund strategy is to acquire a portfolio of real estate assets and to reposition these assets to core and deliver superior risk-adjusted returns.