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Location
The property is located in Erskine Park, approximately 39 kilometres west of the Sydney CBD. This site is well positioned for logistics with both the Westlink M7 and the M4 Motorway within approximately one kilometre.
Description
The property comprises a purpose-built truck maintenance facility constructed in 2011. It includes an expansive concrete yard for truck parking and manoeuvring.
Asset summary
as at 31 December 2023
Title
Freehold
Site area
36,720 sqm
Lettable area
3,720 sqm
Occupancy
100 %
WALE (by income)
4.2 years
Major tenant
Linfox
Valuation summary
Book value
$ 46.3 m
Cap rate
5.00 %
Discount rate
7.00 %
Location
The property is located in Erskine Park, approximately 39 kilometres west of the Sydney CBD. This site is well positioned for logistics with both the Westlink M7 and the M4 Motorway within approximately one kilometre.
Description
The property comprises a purpose-built truck maintenance facility constructed in 2011. It includes an expansive concrete yard for truck parking and manoeuvring.