8 Basalt Road was the first facility to be built at the Quarry Industrial Estate in Greystanes, one of western Sydney’s premier industrial estates.

The single level office and warehouse accommodation incorporates six recessed loading docks and seven on-grade roller shutter doors covered by a large external awning for all-weather coverage. The grounds feature impressive hard and soft landscaping and on-site car parking for up to 84 vehicles.

The facility is located approximately six kilometres west of Parramatta with T-Way services to Parramatta and Liverpool and 30 kilometres west of Sydney CBD featuring convenient proximity to the Great Western Highway (M4) and the M5 and M7 Motorways. The area’s demographics provide access to a strong and diverse workforce.

- Premium industrial location

- Beautiful hard and soft landscaping

- Transport connections to the M4, M7 and Prospect Highway

Property Details

Building type
Industrial Estate
Title
Freehold
Site area (hectares)
3.1
Lettable area ('000sqm)
18.7
Lettable area adjusted for ownership ('000sqm)
7.0
Number of buildings
1
Car parking spaces
84
Year built
2010
Major tenant
Solaris Paper
Owner
DXS
Ownership (%)
37.50
Co-owner
AIP, DALT

Property Statistics

Metro area
Sydney, Outer West
Zoning
IN2 Light Industrial
Site coverage (%)
60
Number of units
1
Average unit size
18.7
Office content (%)
3
Acquisition date
December 2007
Book value at ownership ($m)
14.3
Independent valuation date
December 2018
Independent valuation at ownership ($m)
14.3
Market cap rate (%)
5.75
Initial yield (%)
6.36
Leased by area (%)
100
Weighted lease term by income (years)
1.7