Quarry Industrial Estate

5 Basalt Road, Greystanes

Overview

5 Bellevue Circuit is a purpose-built distribution centre located in Sydney's premier industrial precinct, Quarry Industrial Estate at Greystanes.

5 Bellevue Circuit comprises a vast single level warehouse facility and two levels of office space. The dispatch area incorporates three on-grade roller shutter doors and three loading docks featuring cantilever awnings for all-weather protection.

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.

- Contemporary purpose-built distribution centre

- Access to a strong and diverse workforce

- Transport connections to the M4, M7 and Prospect Highway

Property Information

  • Building typeIndustrial Estate
  • TitleFreehold
  • Site area (hectares)1.2
  • Lettable area ('000sqm)5.5
  • Lettable area adjusted for ownership ('000sqm)2.0
  • Number of buildings1
  • Car parking spaces34
  • Year built2012
  • Major tenantUPS
  • OwnerDXS
  • Ownership (%)37.5
  • Co-ownerAIP, Dexus Australian Logistics Partner
  • Metro areaSydney, Outer West
  • ZoningIN2 Light Industrial
  • Site coverage (%)44
  • Number of units1
  • Average unit size5.5
  • Office content7
  • Acquisition dateDecember 2007
  • Book value at ownership ($m)5.1
  • Independent valuation dateJune 2019
  • Independent valuation at ownership ($m)5.1
  • Market cap rate (%)5.25
  • Initial yield (%)5.84
  • Leased by area (%)100
  • Weighted lease term by income (years)0.5