54 Pioneer Road, Yandina, Queensland
The Property
The impressive APN Yandina building is a purpose-built, high-tech industrial printing and publishing facility, designed to consolidate a number of printing facilities which were operated by APN Printing Services Pty Limited and to accommodate expected growth for the company in the south-east Queensland region.
Property Snapshot
| Property description |
Industrial |
| Value1 |
$30,400,000 |
| Valuation date |
12 March 2008 |
| Net lettable area |
9,311 m2 |
| Date of acquisition |
10 November 2006 |
| Lease term |
20 years expiring 5 November 2026
with two 10 year options to renew |
Occupancy level
|
100% |
| Major tenant |
APN Printing Services Pty Limited |
- This is the current book value of the property in the accounts of the Trust, based on an independent valuation conducted by m3 Property Strategists dated 12 March 2008.
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