The Brisbane-based fund manager has offloaded a multi-tenanted office-warehouse complex in Toowoomba for $16.25 million, booking a gain of almost 50 per cent on the price it paid.
Sentinel acquired the asset in 2021 for $11 million from construction and engineering company FKG Group.
In a major industrial precinct, the complex—built in 2005—comprises 11 tenancies on a 16,800sq m site at 7-9 Gardner Court, Wilsonton.
Ebert said the asset had performed well for Sentinel and had been sold to a local private investor.
The deal was brokered through Colliers Toowoomba’s Dan Dwan.
“Our decision to sell is always based on Sentinel’s strategy of buying at an opportune time and then selling based on our view of the market,” Ebert said.
“This property offers a net lettable area of 7305sq m and the sale price achieved $2225 per sq m, approximately 48 per cent above the purchase price.”
Its tenancy mix is underpinned by agriculture, logistics, engineering and vet supplies, with several high-profile businesses, including BD Agriculture, CEEM Engineering, Country Vet Wholesaling, Supercharge Batteries and SunPork.
The asset was part of the Sentinel Industrial Trust, which includes assets in Mackay, Townsville, Brisbane, Mayfield in Newcastle and Tuggerah on the NSW central coast.
“This was an excellent investment in the Wilsonton industrial precinct in Toowoomba, with direct access to Boundary Street and the Toowoomba Second Range Crossing,” Ebert said.
“Wilsonton is Toowoomba’s premier industrial hub, where exceptional logistics and connectivity provide an ideal environment for businesses. Toowoomba’s real estate market is diverse with a mix of industrial distribution hubs, business centres, retail outlets and development opportunities.”
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died after being beaten and stabbed in the attack at a home in Wilsonton
pipe and hammer leaving injuries including a 23cm wound to the left side of her chest that caused catastrophic injuries
The accused - dubbed the Wilsonton Nine - fled in a maxi taxi and were caught at a Dan Murphy's bottle shop drive-through
Rhonda Ann Hall and Rhianna Jade Fing were sentenced in the Toowoomba Supreme Court on Wednesday after pleading guilty to manslaughter
The attack occurred two days before the funeral of Michael Hall who died from a drug overdose while living with the Debbie and Claudia Combarngo
travelled to Wilsonton "with a view to the infliction of violence upon Debbie"
Justice Peter Callaghan said in sentencing the three women
He said the picture of what occurred on May 6 was not complete
but "was truly brought into focus when Claudia addressed the court" on Wednesday
"What you said this morning was one of the most remarkable things I have heard spoken during the 35 years I have been in and around courtrooms," he told Claudia Combarngo
Justice Callaghan referred to earlier proceedings when he hoped the events did not become the source of ongoing trouble
"Those who died are owed at least that much," he added
"But that sentiment had so much real power when we heard it from you
"You concluded your statement with a truly noble thought: You expressed the hope that everyone involved in this can find a peace for the sake of all your children and the generations to come
"Please rest assured that you have done everything you could possibly have done to ensure that and that you have honoured your mother's memory in doing so."
Hall and Fing pleaded guilty to manslaughter and read letters of apology in court
armed herself with the golf club with which she would ultimately kill Debbie Combarngo
Fernando first hit Claudia Combarngo on the back
causing her to fall to the floor where she was repeatedly hit
Debbie Combarngo moved towards her daughter to protect her
Justice Callaghan said it is accepted Fernando
was not aware of the club's "potential lethal capacity" because it had broken
"Having rendered Debbie helpless you continued to assault Claudia," he added
saying it would seem her injuries may have been worse if not for the "brave intervention" of Mr Hooper
He sentenced her to nine years in jail for manslaughter and ordered she be eligible for parole on May 6
having already served nearly 1000 days in prison
was sentenced to eight years and three months in prison for manslaughter
She took a metal pole to the Combarngo's house and goaded another group member into taking part
With time already served she will be eligible for parole on February 6
Justice Callaghan handed down a sentence of five years in jail for manslaughter to 31-year-old Fing
He ordered the term be suspended after time already served behind bars
Joshua James Lingwoodock and Lynn Faye Jean Anderson were sentenced in October after also pleading guilty
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Shocking footage has been released showing a former student allegedly cowardly punching a teacher in the face
The alleged attack happened at Wilsonton State High in Toowoomba
The girl who recorded the incident told Seven News that alleged attacker was a former student at the school.
The girl can be heard gasping at the horrific attack saying, 'Okay I'm going home.'
The teacher was taken to hospital and was stitched up after the alleged attack.
'It's scary to send your kids to school and to think things like this can happen,' one witness told Seven News.
The school has refused to comment about the alleged incident.
Queensland Police and the Education Department are currently investigating.
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