The Mill comprises a mix of ten modern and refurbished historic buildings, providing 17,700 square metres of warehouse style office, retail spaces and car parking.

The Mill is located on the corner of Bourke Road and Huntley Street in Alexandria, 15 minutes from the Sydney CBD, 10 minutes from Sydney Airport and one kilometre from Green Square railway station.

The tenancy profile consists of a diverse range of users and includes The Grounds of Alexandria. The Grounds of Alexandria is a popular food & beverage operator offering a cafe, bar, restaurant and sustainable garden, attracting 15,000-20,000 visitors each week and providing a popular amenity for the occupiers and local community.

Property Details

Building type
Business Park
Title
Freehold
Site area (hectares)
1.9
Lettable area ('000sqm)
17.7
Lettable area adjusted for ownership ('000sqm)
17.7
Number of buildings
12
Car parking spaces
234
Year built
1823
Major tenant
Silverneedle
Owner
DXS
Ownership (%)
100

Property Statistics

Metro area
Sydney South
Zoning
B6 Enterprise Corridor
Number of units
10
Office content (%)
92
Acquisition date
November 2016
Book value at ownership ($m)
127.8
Independent valuation date
June 2018
Independent valuation at ownership ($m)
127.8
Market cap rate (%)
5.75
Initial yield (%)
5.17
Leased by area (%)
100
Weighted lease term by income (years)
6.4