Quarry Industrial Estate

3 Basalt Road, Greystanes

Overview

3 Basalt Road is a modern multi-unit warehouse and distribution facility located in one of Sydney's premier industrial precincts, Quarry Industrial Estate in Greystanes.

The facility is subdivided into four individual units each with a minimum internal clearance of 10 metres. Features include a combination of on grade access and recessed loading docks with all-weather protection and modern functional design. There is also substantial yard space and onsite parking for up to 150 vehicles.

The facility is located approximately six kilometres west of Parramatta and 30 kilometres west of Sydney CBD featuring convenient proximity to the Great Western Highway (M4) and the M5 and M7 Motorways. T-Way bus services link the area to the Parramatta and Liverpool CBDs.

- Minimum internal clearance of 10 metres

- Transport connections to the M4, M7 and Prospect Highway

- Easy access to Parramatta & Blacktown

Property Information

  • Building typeIndustrial Estate
  • TitleFreehold
  • Site area (hectares)3.8
  • Lettable area ('000sqm)18.2
  • Lettable area adjusted for ownership ('000sqm)6.8
  • Number of buildings1
  • Car parking spaces150
  • Year built2012
  • Major tenantKuehne & Nagel
  • OwnerDXS
  • Ownership (%)37.5
  • Co-ownerAIP, Dexus Australian Logistics Partner
  • Metro areaSydney, Outer West
  • ZoningIN2 Light Industrial
  • Site coverage (%)49
  • Number of units4
  • Average unit size4.6
  • Office content15
  • Acquisition dateDecember 2007
  • Book value at ownership ($m)16.5
  • Independent valuation dateJune 2019
  • Independent valuation at ownership ($m)16.5
  • Market cap rate (%)5.25
  • Initial yield (%)5.61
  • Leased by area (%)100
  • Weighted lease term by income (years)2.8