Quarry Industrial Estate

2-6 Basalt Road, Greystanes

Overview

2-6 Basalt Road is a modern warehouse and distribution facility with associated office space located in Quarry Industrial Estate, Greystanes – one of Sydney's premier industrial precincts.

The facility is currently divided into two separate units that provide a combination of on-grade access and recessed loading docks with all-weather coverage via large cantilever awnings. The office building features contemporary glass and steel architecture with full height windows that maximise natural light. There is also a car park with space for 111 cars.

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.

- Contemporary facility in prime industrial estate

- Transport connections to the M4, M7 and Prospect Highway

- Easy access to Parramatta & Blacktown

Asset Information

  • Asset typeIndustrial Estate
  • Year built2012
  • TitleFreehold
  • Asset locationSydney Outer West
  • ZoningIN2 Light Industrial
  • Site area (hectares)4.30
  • Site coverage (%)55
  • Lettable area ('000sqm)23.4
  • Lettable area adjusted for ownership ('000sqm)6.0
  • Number of buildings1
  • Number of units2
  • Average unit size12
  • Office content4
  • Car parking spaces111
  • Owner DXS,AIP,DALT
  • Ownership (%)26
  • Co-ownerUniSuper, Dexus Australian Logistics Partner
  • Major tenantSymbion
  • Acquisition dateDecember 2007
  • Book value at ownership ($m)26.0
  • Independent valuation dateDecember 2023
  • Independent valuation at ownership ($m)26.0
  • Market cap rate (%)4.75
  • 12 month rolling yield (%)3.62
  • Leased by area (%)100
  • Weighted lease term by income (years)0.7

  • Green Star rating4.0 Star (Industrial Design v1)
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