1 Turnbull Close is a warehouse/office facility located in the premium industrial estate, Quarry at Greystanes. The facility incorporates single level office and warehouse accommodation featuring high clearance, a combination of recessed loading docks and on-grade access and innovative industrial design.

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.

Property Details

Building type
Industrial Estate
Title
Freehold
Site area (hectares)
7.7
Lettable area ('000sqm)
1.8
Lettable area adjusted for ownership ('000sqm)
0.7
Number of buildings
1
Car parking spaces
38
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
1.8
Office content (%)
33
Acquisition date
December 2007
Book value at ownership ($m)
1.9
Independent valuation date
December 2018
Independent valuation at ownership ($m)
1.9
Market cap rate (%)
5.25
Initial yield (%)
4.81
Leased by area (%)
100
Weighted lease term by income (years)
11.8