Quarrywest

7 Dolerite Way, Greystanes

Overview

7 Dolerite Way is located in Sydney’s premier industrial estate, Quarrywest. The new high quality 27,100 square metre warehouse is a complete temperature controlled, innovate and sustainable industrial facility.

The single level office and warehouse accommodation provides a combination of on-grade access and recessed loading docks with all-weather coverage via large cantilever awnings.

Quarrywest provides circa 123,000 square metres of prime industrial space and is one of Australia's largest premier estates appealing to varied end users. Quarrywest is located on Prospect Highway in a core industrial market.

- Key position in Western Sydney

- Extensive motorway connections

- High demand area

Asset Information

  • Asset typeIndustrial Estate
  • Year built2018
  • TitleFreehold
  • Asset locationSydney Outer West
  • ZoningIN2 Light Industrial
  • Site area (hectares)4.70
  • Site coverage (%)57
  • Lettable area ('000sqm)27.1
  • Lettable area adjusted for ownership ('000sqm)13.6
  • Number of buildings1
  • Number of units1
  • Average unit size27
  • Car parking spaces168
  • Owner DXS,DEXUS INDUSTRIAL PARTNER
  • Ownership (%)50
  • Co-ownerDexus Industrial Partner
  • Major tenantSymbion
  • Acquisition dateJune 2014
  • Book value at ownership ($m)54.3
  • Independent valuation dateDecember 2023
  • Independent valuation at ownership ($m)54.3
  • Market cap rate (%)4.88
  • 12 month rolling yield (%)3.52
  • Leased by area (%)100
  • Weighted lease term by income (years)4.5
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