5 Dolerite Way is located in Sydney’s premier industrial estate, Quarrywest. A 10,100 square metre warehouse featuring innovative industrial design and sustainable elements.

Quarrywest provides up to 130,000 square metres of prime industrial space and is one of Australia's largest premier estates appealing to varied end users.

Quarrywest is located on Reconciliation Road in a core industrial market where future expansion is expected to drive user demand.

- Key position in Western Sydney

- Extensive motorway connections

- High demand area

Property Details

Building type
Industrial Estate
Title
Freehold
Site area (hectares)
2.0
Lettable area ('000sqm)
10.1
Lettable area adjusted for ownership ('000sqm)
5.1
Number of buildings
1
Car parking spaces
60
Year built
2016
Major tenant
Whites
Owner
DXS
Ownership (%)
50
Co-owner
Dexus Industrial Partner

Property Statistics

Metro area
Sydney, Outer West
Zoning
IN2 Light Industrial
Site coverage (%)
50
Number of units
1
Average unit size
10.0
Office content (%)
10
Acquisition date
June 2014
Book value at ownership ($m)
12.9
Independent valuation date
December 2018
Independent valuation at ownership ($m)
12.9
Market cap rate (%)
5.25
Initial yield (%)
5.50
Leased by area (%)
100
Weighted lease term by income (years)
5.2