Quarry Industrial Estate

1 Basalt Road, Greystanes

Overview

1 Basalt Road is a modern premium multi-unit warehouse/office facility located in Sydney's premier industrial precinct, Quarry at Greystanes. Centrally located in Sydney greater west, the facility is just six kilometres from Parramatta and 30 kilometres from Sydney CBD.

Offering sustainable design and innovative building features, there are two units ideal for a variety of uses with average areas of 9,750 square metres, and onsite parking for 92 cars.

Each of the units has a minimum of two loading docks, three roller shutters and a warehouse dock office. The unified building design creates a modern and very serviceable environment.

- Modern facility in prime commercial zone

- Transport connections to the M4, M7 and Prospect Highway

- Easy access to Parramatta & Blacktown

Asset Information

  • Asset typeIndustrial Estate
  • Year built2014
  • TitleFreehold
  • Asset locationSydney Outer West
  • ZoningIN2 Light Industrial
  • Site area (hectares)3.40
  • Site coverage (%)57
  • Lettable area ('000sqm)19.4
  • Lettable area adjusted for ownership ('000sqm)4.9
  • Number of buildings1
  • Number of units2
  • Average unit size10
  • Office content6
  • Car parking spaces92
  • Owner DXS,AIP,DALT
  • Ownership (%)26
  • Co-ownerUniSuper, Dexus Australian Logistics Partner
  • Major tenantThe Consortium Clemenger Pty Ltd
  • Acquisition dateDecember 2007
  • Book value at ownership ($m)21.7
  • Independent valuation dateDecember 2023
  • Independent valuation at ownership ($m)21.7
  • Market cap rate (%)4.75
  • 12 month rolling yield (%)3.23
  • Leased by area (%)100
  • Weighted lease term by income (years)2.3
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