52 Holbeche Road, Arndell Park

Overview

52 Holbeche Road is a modern distribution centre with modern reception facilities located in Arndell Park, an established industrial suburb precinct the Great Western Highway between Blacktown and Mount Druitt along the M4 corridor west of Sydney.

Arndell Park is located north of Prospect Reservoir, approximately 10 kilometres west of Parramatta and 35 kilometres from the Sydney CBD. The location has access to a strong and diverse employment catchment and there are a number of nearby adventure pursuits including Sydney Motorsport Park, Blacktown International Sports park and Eastern Creek International Karting.

The facility features covered loading docks and car parking for 54 vehicles.

- Establish industrial suburb

- Modern building and facilities

- Well connected to the M4 and M7

Property Information

  • Building typeDistribution Centre
  • TitleFreehold
  • Site area (hectares)1.9
  • Lettable area ('000sqm)9.6
  • Lettable area adjusted for ownership ('000sqm)7.2
  • Number of buildings1
  • Car parking spaces54
  • Year built1995
  • Major tenantDHL
  • OwnerDXS
  • Ownership (%)75
  • Co-ownerDexus Australian Logistics Partner
  • Metro areaSydney, Outer West
  • Zoning4(a) General Industrial
  • Site coverage (%)51
  • Number of units1
  • Average unit size9.6
  • Office content6
  • Acquisition dateJuly 1998
  • Book value at ownership ($m)13.1
  • Independent valuation dateJune 2019
  • Independent valuation at ownership ($m)13.1
  • Market cap rate (%)6.00
  • Initial yield (%)6.78
  • Leased by area (%)100
  • Weighted lease term by income (years)1.3