2 Alspec Place is a contemporary warehouse and distribution facility located in Eastern Creek, a premier industrial logistics precinct in the Sydney metropolitan area, some 10 kilometres from the regional centre of Blacktown.

The site is approximately 40 kilometres from the Sydney CBD and 15 kilometres from Parramatta CBD, and is well positioned at the M4/M7 intersection to access Sydney and inter-state markets from the north or south.

The site has substantial hard stand areas for flexible logistics solutions, plus car parking for up to 144 vehicles.

Nestled between Erskine Park and Prospect Reservoir, there are a number of nearby adventure pursuits including Sydney Motorsport Park, Blacktown International Sports park and Eastern Creek International Karting. The location is served by a strong employment pool.

- Large single building distribution centre

- Premier industrial precinct

- Excellent road connections to Sydney

Property Details

Building type
Distribution Centre
Title
Freehold
Site area (hectares)
2.6
Lettable area ('000sqm)
16.9
Lettable area adjusted for ownership ('000sqm)
12.7
Number of buildings
1
Car parking spaces
144
Year built
2004
Major tenant
Toll
Owner
DXS
Ownership (%)
75
Co-owner
DALT

Property Statistics

Metro area
Sydney, Outer West
Zoning
Employment
Site coverage (%)
65
Number of units
1
Average unit size
16.9
Office content (%)
2
Acquisition date
March 2004
Book value at ownership ($m)
24.6
Independent valuation date
December 2018
Independent valuation at ownership ($m)
24.6
Market cap rate (%)
6.00
Initial yield (%)
6.67
Leased by area (%)
100
Weighted lease term by income (years)
1.8