Rivergate Marina

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Property Summary as at June 2020

Ownership
100%
Acquisition date
2011
Site Area
20,127m2
Total demised area
10,916m2
Occupancy
100%
WALE (income)
15 years
Tenant/s
Brisbane City Council
Rivergate Marina
Shipyards Pty Ltd.
Value Range
$20 — $30 million

Rivergate is situated in the established industrial precinct of Murarrie, benefitting from good transport connectivity to the Port of Brisbane, Brisbane Airport and Gateway Motorway.

CBIC’s holdings in the Rivergate Marina, Queensland’s premier commercial shipyard, continues to show excellent investment returns whilst providing its tenants with premiere shipyard and marina facilities. Part of the marina is leased to Brisbane City Council, which use the facility to maintain and berth their CityCat and ferry fleets.