1 Garigal Road, Belrose is a high-profile high tech industrial facility that presents an excellent opportunity for corporate headquarters within the northshore of Sydney.

The property sits on a prime location at the entryway to Austlink Business Park on the corners of Garigal Road, Narabang Way and Forest Way.

1 Garigal Road offers ample natural light, a large refurbished floor plate, National Park views and parking for 299 cars.

The property is well-positioned close to arterial road links and is located approximately 24 kilometres north-west of the Sydney CBD.

- Gateway site to Austlink Business Park & close proximity to the new Frenches Forest Public Hospital

- Ample natural light and National Park views

- Refurbished floor plate

Property Details

Building type
Business Park
Title
Freehold
Site area (hectares)
2.6
Lettable area ('000sqm)
12.9
Lettable area adjusted for ownership ('000sqm)
9.7
Number of buildings
1
Car parking spaces
299
Year built
1992
Major tenant
Device Technologies Australia
Owner
DXS
Ownership (%)
75
Co-owner
DALT

Property Statistics

Metro area
Sydney, North
Zoning
B7 Business Park
Site coverage (%)
47
Number of units
2
Average unit size
6.2
Office content (%)
47
Acquisition date
December 1998
Book value at ownership ($m)
24.6
Independent valuation date
December 2018
Independent valuation at ownership ($m)
24.6
Market cap rate (%)
6.75
Initial yield (%)
7.03
Leased by area (%)
100
Weighted lease term by income (years)
5.0