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CENTURIA BASS REFINANCES INDUSTRIAL ASSET FROM MAJOR BANK TO 62.5% LVR

July 2024

Centuria Bass Credit refinanced a $13.5m industrial asset from a major bank to provide additional working capital to an existing borrower client. The owner-occupied warehouse facility and office space is set over 12,000 square meters of land, located only 20km southeast of Melbourne’s CBD in Cheltenham.

The asset has strong development potential and is well-connected to infrastructure nodes including highways, ports, and airports. The subject’s office space makes the property extremely desirable for businesses active in both the manufacturing and logistics sectors.

CBC is proud to continue developing relationships with existing clients and expand its industrial asset class.

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