LSE-2024-311CurrentCommercial Net
Southern Cross Freight & Cold Storage
Property: 45 Portside Logistics Hub • Occupied Area: Warehouse Bay A & Cold Chain Dock (4,200 m²)
Term status
Fixed term active
Expires 2031-08-31
Rent collection rate
91.2%
Billed Monthly (day 1)
Arrears balance
$29,700
Overdue tax invoice
Bond / bank guarantee
$190,000
Ref: BG-NAB-551920
General Lease & Term Covenant
Primary Tenant Contact
Southern Cross Freight & Cold StorageProperty Manager
Marcus Thorne
Original Commencement
2024-09-01
Current Term End
2031-08-31
Renewal Options
1 × 5 Years
Final Expiry (Incl. Options)
2036-08-31
Rent & Outgoings Schedule
Annual Net Rent (Excl. GST)
$760,000 /yr
Monthly Base Instalment
$63,333 /mo + GST
Outgoings Recovery Share
65.6% ($114,800/yr)
Next Scheduled Rent Review
Fixed 3.5% on 2026-11-28