5 Basalt Road is a purpose-built temperature controlled distribution centre located in Sydney's premier industrial precinct, Quarry at Greystanes.

The single level office and warehouse accommodation provides a combination of on-grade access and recessed loading docks with all-weather coverage via large cantilever awnings. There is also on-site car parking with space for 34 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.

- Temperature controlled warehouse

- Transport connections to the M4, M7 and Prospect Highway

- Easy access to Parramatta & Blacktown

Property Details

Building type
Industrial Estate
Title
Freehold
Site area (hectares)
1.2
Lettable area ('000sqm)
5.5
Lettable area adjusted for ownership ('000sqm)
2.0
Number of buildings
1
Car parking spaces
34
Year built
2012
Major tenant
UPS
Owner
DXS
Ownership (%)
37.50
Co-owner
AIP, DALT

Property Statistics

Metro area
Sydney, Outer West
Zoning
IN2 Light Industrial
Site coverage (%)
44
Number of units
1
Average unit size
5.5
Office content (%)
7
Acquisition date
December 2007
Book value at ownership ($m)
4.8
Independent valuation date
December 2018
Independent valuation at ownership ($m)
4.8
Market cap rate (%)
5.50
Initial yield (%)
6.02
Leased by area (%)
100
Weighted lease term by income (years)
1.0