5 Bellevue Circuit is a purpose-built distribution centre located in Sydney's premier industrial precinct. The facility is part of Quarry Industrial Estate at Greystanes which provides over 220,000 square metres of purpose-built and speculative facilities for logistics, warehousing, manufacturing and storage users.

5 Bellevue Circuit comprises a vast single level warehouse facility and two levels of office space. The dispatch area incorporates three on-grade roller shutter doors and three loading docks featuring cantilever awnings for all-weather protection.

Quarry at Greystanes is strategically located with direct access to the M4 Motorway and within minutes of the M7 Interchange, offering corporations convenient access to key business and employment areas, such as Parramatta, Port Botany, Sydney Airport and Sydney CBD. T-Way bus connections serve the area linking Parramatta and Liverpool CBDs.

- Contemporary purpose-built distribution centre

- Access to a strong and diverse workforce

- Transport connections to the M4, M7 and Prospect Highway

Property Details

Building type
Industrial Estate
Title
Freehold
Site area (hectares)
3.8
Lettable area ('000sqm)
17.3
Lettable area adjusted for ownership ('000sqm)
6.5
Number of buildings
1
Car parking spaces
243
Year built
2010
Major tenant
Symbion Health
Owner
DXS
Ownership (%)
37.50
Co-owner
AIP, DALT

Property Statistics

Metro area
Sydney, Outer West
Zoning
IN2 Light Industrial
Site coverage (%)
46
Number of units
1
Average unit size
17.3
Office content (%)
14
Acquisition date
December 2007
Book value at ownership ($m)
18.0
Independent valuation date
December 2018
Independent valuation at ownership ($m)
18.0
Market cap rate (%)
5.50
Initial yield (%)
6.36
Leased by area (%)
100
Weighted lease term by income (years)
7.2