50 Industrial Avenue, Wilsonton, (Toowoomba), Queensland
The Property
APN Toowoomba comprises an existing general purpose industrial facility, currently leased by listed entity Flexi-Foam Limited. A new, state-of-the-art, integrated print facility has recently been constructed. This facility was purpose-built on a ten year lease pre-commitment for APN Printing Services Pty Limited, a wholly-owned subsidiary of APN News and Media Limited (APN).
APN is one of the largest and fastest growing media companies in Australasia. The company operates a broad portfolio of businesses across five countries.
Property Snapshot
| Property description |
Industrial |
| Purchase price |
$6,714,285 |
| Value 1 |
$6,917,285.70 |
| Valuation date |
18 April 2008 |
| Net lettable area |
4,569 m2 (over the two buildings) |
| Settlement date |
18 April 2008 |
Expected weighted average
lease term
(weighted by expected income) |
8.5 years |
| Occupancy level |
100% |
| Major tenants |
APN Printing Services Pty Limited,
Flexi-Foam Limited |
- Based on an independent valuation report provided by LandMark White (Brisbane) Pty Ltd dated 18 April 2008.
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