2-4 Military Road is a modern industrial estate located near Port Botany with easy access to the Eastern Distributor, the M5 Motorway and Sydney Airport.

The complex comprises two freestanding, high clearance industrial office/warehouse buildings with a total area of 30,200 square metres on a site of 5.4 hectares.

- Modern office/warehouse complex

- Close proximity to Port Botany

- High clearance warehousing

Property Details

Building type
Industrial Estate
Title
Freehold
Site area (hectares)
5.4
Lettable area ('000sqm)
30.2
Lettable area adjusted for ownership ('000sqm)
30.2
Number of buildings
2
Car parking spaces
384
Year built
2000
Major tenant
Fedex
Owner
DXS
Ownership (%)
100

Property Statistics

Metro area
Sydney, South
Zoning
IN1 General Industrial
Site coverage (%)
56
Number of units
2
Average unit size
15.1
Office content (%)
24
Acquisition date
December 2009
Book value at ownership ($m)
75.8
Independent valuation date
December 2017
Independent valuation at ownership ($m)
75.8
Market cap rate (%)
5.75
Initial yield (%)
6.53
Leased by area (%)
100
Weighted lease term by income (years)
5.6