1 Bellevue Circuit is a purpose-built warehouse and office facility located in one of Sydney's premier industrial precincts, Quarry at Greystanes.

The distribution centre features contemporary architectural design and provides high clearance warehousing, on-grade loading docks and large cantilevered awnings for all-weather protection in the loading areas.

There is significant corporate office space with full height windows that maximise natural light and on-site parking for up to 242 cars.

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 and its associated workforce to the Parramatta and Liverpool CBDs.

- New, purpose-built distribution centre

- Significant office space

- Transport connections to the M4, M7 and Prospect Highway

Property Details

Building type
Industrial Estate
Title
Freehold
Site area (hectares)
3.5
Lettable area ('000sqm)
17.9
Lettable area adjusted for ownership ('000sqm)
6.7
Number of buildings
1
Car parking spaces
242
Year built
2013
Major tenant
Blackwoods
Owner
DXS
Ownership (%)
37.50
Co-owner
AIP, DALT

Property Statistics

Metro area
Sydney, Outer West
Zoning
IN2 Light Industrial
Site coverage (%)
51
Number of units
1
Average unit size
17.9
Office content (%)
21
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 (%)
5.25
Initial yield (%)
5.67
Leased by area (%)
100
Weighted lease term by income (years)
10.0