7 Dolerite Way, Greystanes


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. Development completed in March 2018.

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 up to 130,000 square metres of prime industrial space and is one of Australia's largest premier estates appealing to varied end users. Quarrywest is located on Reconciliation Road in a core industrial market.

- Key position in Western Sydney

- Extensive motorway connections

- High demand area

Property Information

  • Building typeIndustrial Estate
  • TitleFreehold
  • Site area (hectares)4.7
  • Lettable area ('000sqm)27.1
  • Lettable area adjusted for ownership ('000sqm)13.6
  • Number of buildings1
  • Car parking spaces168
  • Year built2018
  • Major tenantSymbion Health
  • OwnerDXS
  • Ownership (%)50
  • Co-ownerDexus Industrial Partner
  • Metro areaSydney, Outer West
  • ZoningIN2 Light Industrial
  • Number of units1
  • Average unit size27.1
  • Acquisition dateJune 2017
  • Book value at ownership ($m)35.0
  • Independent valuation dateJune 2019
  • Independent valuation at ownership ($m)35.0
  • Market cap rate (%)5.00
  • Initial yield (%)5.03
  • Leased by area (%)100
  • Weighted lease term by income (years)9.0