Quarry Industrial Estate

2-6 Basalt Road, Greystanes

Overview

2-6 Basalt Road is a modern warehouse and distribution facility with associated office space located in Quarry Industrial Estate, Greystanes – one of Sydney's premier industrial precincts.

The facility is currently divided into two separate units that provide a combination of on-grade access and recessed loading docks with all-weather coverage via large cantilever awnings. The office building features contemporary glass and steel architecture with full height windows that maximise natural light. There is also a car park with space for 111 cars.

The facility is located approximately six kilometres west of Parramatta with T-Way services to Parramatta and Liverpool and 30 kilometres west of Sydney CBD featuring convenient proximity to the Great Western Highway (M4) and the M5 and M7 Motorways. The area’s demographics provide access to a strong and diverse workforce.

- Contemporary facility in prime industrial estate

- Transport connections to the M4, M7 and Prospect Highway

- Easy access to Parramatta & Blacktown

Property Information

  • Building typeIndustrial Estate
  • TitleFreehold
  • Site area (hectares)4.3
  • Lettable area ('000sqm)23.4
  • Lettable area adjusted for ownership ('000sqm)8.8
  • Number of buildings1
  • Car parking spaces111
  • Year built2012
  • Major tenantYusen Logistics
  • OwnerDXS
  • Ownership (%)37.5
  • Co-ownerAIP, Dexus Australian Logistics Partner
  • Metro areaSydney, Outer West
  • ZoningIN2 Light Industrial
  • Site coverage (%)55
  • Number of units2
  • Average unit size11.7
  • Office content5
  • Acquisition dateDecember 2007
  • Book value at ownership ($m)21.5
  • Independent valuation dateJune 2019
  • Independent valuation at ownership ($m)21.5
  • Market cap rate (%)5.25
  • Initial yield (%)5.45
  • Leased by area (%)100
  • Weighted lease term by income (years)4.3

  • Green Star rating4.0 Star (Industrial Design v1)