TradeCoast Central

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Property Summary as at June 2020

Ownership
100%
Acquisition date
2018
Site Area
5.8ha
Total area (NLA)
12,888m2 (plus 3ha hardstand)
Occupancy
100%
WALE (income)
14 years
Tenant/s
Brisbane City Council
Value Range
$50-$60 million upon completion

20 Tradecoast Drive, developed by CBIC and completed in July 2020, is a strong performer within CBIC’s portfolio. It provides significant exposure to the industrial market which has been the best performing real estate asset class over the past quarter. Leased to Brisbane City Council to provide operational efficiencies for the various business units of Council, this asset is a long-term core asset for CBIC.