Chalmers Properties owns the Lessor's interest in 115 perpetually renewable ground leases over a land area of 20.9ha. This area is referred to as the Industrial Precinct. The ground leases typically have 7 yearly rent reviews.
The Industrial Precinct is located just east of the CBD. The ground leases are contained within the area bound by Ward Street, Fryatt Street, Thomas Burns Street and Wickliffe Street as shown outlined in black on the map below.
The land is zoned industrial.