Quarry Industrial Estate

1 Basalt Road, Greystanes

Overview

1 Basalt Road is a modern premium multi-unit warehouse/office facility located in Sydney's premier industrial precinct, Quarry at Greystanes. Centrally located in Sydney greater west, the facility is just six kilometres from Parramatta and 30 kilometres from Sydney CBD.

Offering sustainable design and innovative building features, there are two units ideal for a variety of uses with average areas of 9,750 square metres, and onsite parking for 92 cars.

Each of the units has a minimum of two loading docks, three roller shutters and a warehouse dock office. The unified building design creates a modern and very serviceable environment.

- Modern facility in prime commercial zone

- Transport connections to the M4, M7 and Prospect Highway

- Easy access to Parramatta & Blacktown

Property Information

  • Building typeIndustrial Estate
  • TitleFreehold
  • Site area (hectares)3.4
  • Lettable area ('000sqm)19.4
  • Lettable area adjusted for ownership ('000sqm)7.3
  • Number of buildings1
  • Car parking spaces92
  • Year built2014
  • Major tenantConsortium Centre
  • OwnerDXS
  • Ownership (%)37.5
  • Co-ownerAIP, Dexus Australian Logistics Partner
  • Metro areaSydney, Outer West
  • ZoningIN2 Light Industrial
  • Site coverage (%)60
  • Number of units2
  • Average unit size9.7
  • Office content6
  • Acquisition dateDecember 2007
  • Book value at ownership ($m)17.5
  • Independent valuation dateJune 2019
  • Independent valuation at ownership ($m)17.5
  • Market cap rate (%)5.25
  • Initial yield (%)5.45
  • Leased by area (%)100
  • Weighted lease term by income (years)6.1