54 Ferndell Street, South Granville

Overview

54 Ferndell Street is a 10-hectare brownfield opportunity located within a tightly held industrial market with constrained land supply and with close proximity to the M4 Motorway (Westconnex). Dexus has lodged a development application to build 54,000 square metres of industrial property across four buildings with varying tenancy sizes to appeal to a range of customers in this precinct.

Property Information

  • Building typeLand
  • TitleFreehold
  • Site area (hectares)10.0
  • OwnerDXS
  • Ownership (%)51
  • Co-ownerDALT
  • Metro areaSydney, Outer West
  • ZoningIN1 General Industrial
  • Acquisition dateSeptember 2018
  • Book value at ownership ($m)31.4
  • Independent valuation dateDecember 2018
  • Independent valuation at ownership ($m)31.4