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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 M4 Motorway within approximately one kilometre.

Description

The property was constructed in 2008 and consists of a two-level office building and high-clearance warehousing facilities.

Asset summary
as at 31 December 2019
Title
Freehold
Site area
82,280 sqm
Lettable area
24,881 sqm
Occupancy
100 %
WALE (by income)
0.3 years
Major tenant
Linfox
Valuation summary
Book value
$ 56.7 m
Valuation date
31-Dec-19
Cap rate
5.25 %
Discount rate
6.25 %
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 M4 Motorway within approximately one kilometre.

Description

The property was constructed in 2008 and consists of a two-level office building and high-clearance warehousing facilities.