THE INDUSTRIAL TRUST NO 1 (WA)
The Trust was established in July 2015 by acquiring 3 properties well located in 3 states across Australia.
In 2023, the Trust its Naval Base property in WA. The property was purchased for $21.5 million (2016) and sold for $40.0 million (86% increase).
Sector | Industrial |
Location | Naval Base, WA |
Land area | 11.5ha |
Key Tenants | Steel Mains |
Realised IRR to Investors (after fees) | 18.6% p.a. |