Quarry Industrial Estate

1 Turnbull Close, Greystanes

Overview

1 Turnbull Close is a warehouse/office facility located in the premium industrial estate, Quarry at Greystanes. The facility incorporates single level office and warehouse accommodation featuring high clearance, a combination of recessed loading docks and on-grade access and innovative industrial design.

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.

Asset Information

  • Asset typeIndustrial Estate
  • Year built2015
  • TitleFreehold
  • Asset locationSydney Outer West
  • ZoningIN2 Light Industrial
  • Site area (hectares)7.70
  • Site coverage (%)2
  • Lettable area ('000sqm)1.8
  • Lettable area adjusted for ownership ('000sqm)0.5
  • Number of buildings1
  • Number of units1
  • Average unit size2
  • Office content33
  • Car parking spaces38
  • Owner DXS,AIP,DALT
  • Ownership (%)26
  • Co-ownerUniSuper, Dexus Australian Logistics Partner
  • Major tenantMultispares
  • Acquisition dateDecember 2007
  • Book value at ownership ($m)2.0
  • Independent valuation dateDecember 2023
  • Independent valuation at ownership ($m)2.0
  • Market cap rate (%)5.00
  • 12 month rolling yield (%)3.44
  • Leased by area (%)100
  • Weighted lease term by income (years)6.8
Back to top