Acquire a 100% interest in the Petros Group Portfolio (PGP) via EOI, which consists of six high profile and diversified commercial assets including the AXS Business Centre. The AXS Business Centre is also being offered for sale individually via EOI.
The AXS Business Centre comprises five high quality and prominent industrial office buildings constructed on a significant corner site of 10,102msqr with exposure to busy Gladstone and Tennant Streets in Fyshwick. The buildings range in size from 816msqr - 1,830msqr and have been maintained to a high standard with ongoing Capex. The Centre provides a total office NLA of 6,251msqr with 136 dedicated on-grade car spaces.
As at 1 February 2017 the Centre is 100% occupied by a diverse mix of tenants including the Commonwealth of Australia (53% of income), CDM, MSS Security and McDonald Jones Homes and features a WALE of 3.75 years by income.
The AXS Business Centre offers purchasers a fully-leased investment anchored by the Commonwealth Government, whilst providing numerous value-add opportunities for buyers to investigate.