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Centuria has purchased the Toll facility on 92 Robinson Avenue, Belmont.

Belmont facility sold for $11.2m

ASX-listed Centuria Property Funds has purchased a logistics depot in Belmont for $11.2 million. 

The specialist investment manager announced today it had exchanged contracts to acquire a Belmont facility occupied by Toll Transport, with a weighted average lease expiry of 3.8 years.

The property has a prime location between Perth Airport and the Perth CBD and following an extensive refurbishment in 2013 the property has become the sole facility for Toll Fast in Western Australia, operating as a depot for courier and metropolitan delivery services.

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Ranked by total area owned then by total assets

18th-Perth Upper China Hotel31,000
19th-Hawaiian30,551
20th-Centuria19,914
21st-Credit Suisse19,379
22nd-Cape Bouvard19,234
30 property - commercial owners ranked by size of total area in m2

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