Arcana Capital’s fifth acquisition for 2022

We are pleased to announce our fifth acquisition for 2022 with the settlement of Lot 6 and Lot 17 Ann Road, Silky Oak QLD for $6.6 million.

Tenanted by international packaging and logistics giant Visy Distribution and Mackays, Australia’s largest banana producer, this property comprises 6,884m2 of specialised cold storage and multi-purpose industrial warehousing on a significant land holding of 13,639m2. The site is located in the heart of one of Australia’s premier agricultural regions, with strategic positioning adjacent to the Bruce Highway and Main Northern Railway Line and proximity to agricultural producers in the area.

In the current competitive industrial market, the 18 South - Logistics Unit Trust is projected to deliver a distribution of 10.00% p.a. paid monthly to wholesale investors.

This property was acquired via CBRE.

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The West Australian: Campbell Newman-led Arcana Capital buys West Kalgoorlie property for $10.9 million