Sanitarium pays $55m for Berkeley Vale warehouse

The property investment arm of the Seventh-Day Adventist Church, which owns the Sanitarium Health Food Company, has acquired a warehouse and distribution hub at 3 Sanitarium Close, Berkeley Vale located adjacent to the Sanitarium manufacturing facility and national warehouse paying $55 million.

The property is currently leased by third-party logistics giant Linfox as a food-services distribution centre servicing the raw materials and finished stock from Mars Food Australia on a 30 years lease which it is understood expires in 2023.

The Mars manufacturing facility is in Corella Close with the Linfox hub nearby.

The acquisition will provide Sanitarium with “future warehousing and distribution facilities to service increasing consumer demands for its products”, a Sanitarium spokeswoman said.

Sanitarium manufactures Weet-Bix and Up & Go breakfast products.

The property acquired comprise three interconnected buildings that offer a combined gross floor area of 27,762 square metres.

Speaking to one of the agents involved in the purchase Brad Rogers from Raine & Horne Commercial echoed the sentiment of Sanitarium that it is a great acquisition securing the future logistics needs for the company on the Central Coast.