Axis Northport Distribution Centre 1


 



 

 

Axis Northport Distribution Centre 1 (formerly known as Axis Steel Centre) is a freehold industrial property comprising of two adjoining parcels. It is located about 12 kilometres due west of the Klang town and about 50 kilometres due south-west of the Kuala Lumpur city centre.

Built on the 66,450-sq metre of land are a single-storey warehouse with a double-storey integral office, a single-storey warehouse annexed with a double-storey office, a double-storey office building annexed with an amenities block and other ancillary buildings.

The warehouses have eave heights of 7.01 metres (23 feet) to 14.93 metres (49 feet) together with heavy duty concrete flooring on compacted hardcore. The floor loading capacity of the building is in excess of 1,000 lbs per sq feet.

 

PURCHASE PRICE
RM65,000,000

APPRAISED VALUE
RM96,400,000

 

TYPE
Logistics Warehouse

ACQUISITION
DATE

20 October 2009

NUMBER OF
TENANTS

1

LAND AREA
715,261 sq ft
(66,450 sq m)

NET LETTABLE
AREA

339,194 sq ft
(31,512 sq m)

OCCUPANCY RATE
100%

TITLE
Leasehold expiring 29 January 2102

LAND TITLE
H.S(D) 77831, PT Plot 19, Bandar Sultan Sulaiman, District Klang, State of Selangor.

AGE OF BUILDING
33 years

ADDRESS
Lot 19, Lebuh Hishamuddin 1
Selat Klang Utara
42000 Pelabuhan Klang
Selangor

MAJOR TENANTS
Northport (Malaysia) Berhad