Quarry Industrial Estate

1 Litton Close, Greystanes

Overview

1 Litton Close is the newest addition to Sydney’s premium industrial estate, Quarry at Greystanes. The site incorporates a warehouse facility with associated office space featuring innovative industrial design and sustainable elements.

Built entirely on a single level, the warehouse accommodation will feature high internal clearance and a combination of recessed loading docks and on-grade access.

Quarry at Greystanes is strategically located with direct access to the M4 Motorway and within minutes of the M7 Interchange, offering corporations convenient access to key business and employment areas, such as Parramatta, Port Botany, Sydney Airport and Sydney CBD. T-Way bus connections serve the area linking Parramatta and Liverpool CBDs.

- Brand new facility

- High internal clearance

- Transport connections to the M4, M7 and Prospect Highway

Property Information

  • Building typeIndustrial Estate
  • TitleFreehold
  • Site area (hectares)3.6
  • Lettable area ('000sqm)20.8
  • Lettable area adjusted for ownership ('000sqm)15.6
  • Number of buildings1
  • Car parking spaces83
  • Year built2016
  • Major tenantReece
  • OwnerDXS
  • Ownership (%)75
  • Co-ownerDexus Australian Logistics Partner
  • Metro areaSydney, Outer West
  • ZoningIN2 Light Industrial
  • Site coverage (%)100
  • Number of units1
  • Average unit size20.8
  • Office content5
  • Acquisition dateDecember 2007
  • Book value at ownership ($m)37.8
  • Independent valuation dateJune 2019
  • Independent valuation at ownership ($m)37.8
  • Market cap rate (%)5.00
  • Initial yield (%)5.15
  • Leased by area (%)100
  • Weighted lease term by income (years)7.0