2 Turnbull Close is a warehouse and office facility located in Sydney's premier industrial precinct, Quarry at Greystanes, featuring innovative industrial design and a number of sustainable elements.

The facility provides single level office and warehouse accommodation featuring high internal clearance and a combination of recessed loading docks and on-grade access. The site can accommodate a variety of industrial uses from warehousing, manufacturing, logistics, storage, research and development.

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 connections serve the area linking Parramatta and Liverpool CBDs.

- High internal clearance

- A variety of industrial uses

- Transport connections to the M4, M7 and Prospect Highway

.

Property Details

Building type
Industrial Estate
Title
Freehold
Site area (hectares)
11.3
Lettable area ('000sqm)
6.2
Lettable area adjusted for ownership ('000sqm)
2.3
Number of buildings
1
Car parking spaces
49
Year built
2015
Major tenant
Supply Network
Owner
DXS
Ownership (%)
37.50
Co-owner
AIP, DALT

Property Statistics

Metro area
Sydney, Outer West
Zoning
IN2 Light Industrial
Site coverage (%)
100
Number of units
1
Average unit size
6.1
Office content (%)
10
Acquisition date
December 2007
Book value at ownership ($m)
6.4
Independent valuation date
December 2018
Independent valuation at ownership ($m)
6.4
Market cap rate (%)
5.25
Initial yield (%)
5.31
Leased by area (%)
100
Weighted lease term by income (years)
11.8