This article is from the Australian Property Journal archive
CANBERRA Data Centres Pty Ltd has purchased a Hume data centre leased to the federal government for $4.05 million.
The 4,471sqm corner industrial facility at 98 Sheppard St in Canberra’s south-east was sold by JLL’s Michael Heather and Aaron Green on behalf of Sandhurst Trustees.
It was sold with a new five-year lease ending in January 21 and returning $314,902 per annum net, with the sale price reflecting at 7.5% net yield.
Australian Property Journal