Quarry Industrial Estate

2 Bellevue Circuit, Greystanes

Overview

2 Bellevue Circuit is a purpose-built warehouse and office facility located in Sydney's premier industrial precinct, Quarry at Greystanes.

Setting a new benchmark for industrial architecture and construction, 2 Bellevue Circuit provides two levels of contemporary office space with full height windows that maximise natural light and parking for up to 200 cars.

The warehouse component has a high internal clearance, seven on-grade roller doors, three recessed loading docks plus production and dispatch areas. Cantilevered awnings provide all-weather protection for the loading areas.

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 services link the area to the Parramatta and Liverpool CBDs.

- Contemporary purpose-built industrial estate

- Production and dispatch areas

- Transport connections to the M4, M7 and Prospect Highway

Asset Information

  • Asset typeIndustrial Estate
  • Year built2012
  • TitleFreehold
  • Asset locationSydney Outer West
  • ZoningIN2 Light Industrial
  • Site area (hectares)2.50
  • Site coverage (%)53
  • Lettable area ('000sqm)13.4
  • Lettable area adjusted for ownership ('000sqm)3.4
  • Number of buildings1
  • Number of units1
  • Average unit size13
  • Office content3
  • Car parking spaces200
  • Owner DXS,AIP,DALT
  • Ownership (%)26
  • Co-ownerUniSuper, Dexus Australian Logistics Partner
  • Major tenantBrady
  • Acquisition dateDecember 2007
  • Book value at ownership ($m)14.7
  • Independent valuation dateDecember 2023
  • Independent valuation at ownership ($m)14.7
  • Market cap rate (%)4.75
  • 12 month rolling yield (%)4.53
  • Leased by area (%)100
  • Weighted lease term by income (years)2.3
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