Altona North industrial logistics sale by Centuria REIT

Altona North industrial logistics sale by Centuria REIT
Jonathan ChancellorDecember 7, 2020

Centuria Property Funds has sold 28 Salta Drive, Altona North, for $14.5 million to a private investor.

It was purchased from Salta Properties in 2002.

The 28 Salta Drive is the final property to be sold from the Centuria Direct Property Fund.

The property is a purpose-built transport and warehousing facility with a gross building area of 23,854 square metres including fitted and modern offices of approximately 482 square metres located on a 5 hectare site.

Nathan Bingham of Colliers International and Greg Jensz of Savills were the selling agents.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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