Dexus Industrial Estate

Egerton Street, Silverwater

Overview

Dexus Industrial Estate is located in one of Sydney's premier inner west industrial precincts, 35 kilometres from the Sydney CBD. Silverwater Road connects to the M2 and M4 Motorways and the Great Western Highway for access to Sydney from the south or north respectively, or to Parramatta which is less than 10 kilometres away.

The estate stretches across approximately 9 hectares and comprises multiple standalone office and warehouse facilities with parking for up to 290 vehicles.

Local amenities include all of the varied facilities of Sydney Olympic Park, and there is a Costco Wholesale nearby as well as a range of public transport connections. The surrounding suburbs are expanding rapidly and so provide a strong employment pool.

- Sydney’s premier inner west industrial precinct

- Expansive column-free warehouse space

- Excellent road connections to Sydney

Property Information

  • Building typeIndustrial Estate
  • TitleFreehold
  • Site area (hectares)8.8
  • Lettable area ('000sqm)17.3
  • Lettable area adjusted for ownership ('000sqm)13.0
  • Number of buildings5
  • Car parking spaces290
  • Year built1969
  • Major tenantEnersys Australia Pty Ltd
  • OwnerDXS
  • Ownership (%)75
  • Co-ownerDALT
  • Metro areaSydney, Inner West
  • ZoningIN1 General Industrial
  • Site coverage (%)21
  • Number of units6
  • Average unit size2.9
  • Office content35
  • Acquisition dateMay 1997
  • Book value at ownership ($m)31.5
  • Independent valuation dateDecember 2018
  • Independent valuation at ownership ($m)31.5
  • Market cap rate (%)5.93
  • Initial yield (%)5.92
  • Leased by area (%)100
  • Weighted lease term by income (years)3.4