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Location

The property is located approximately 16 kilometres west of Sydney’s CBD in the suburb of Silverwater. The property has access to the major arterials of Sydney with the M4 Motorway and Silverwater Road within approximately one kilometre.

Description

This modern office/warehouse building was built in 2000 and features high-clearance and on site car parking.

Asset summary
as at 31 December 2019
Title
Freehold
Site area
13,490 sqm
Lettable area
7,984 sqm
Occupancy
100 %
WALE (by income)
2.7 years
Major tenant
IVE Group Australia
Valuation summary
Book value
$ 23.0 m
Valuation date
31-Dec-19
Cap rate
5.00 %
Discount rate
6.50 %
Location

The property is located approximately 16 kilometres west of Sydney’s CBD in the suburb of Silverwater. The property has access to the major arterials of Sydney with the M4 Motorway and Silverwater Road within approximately one kilometre.

Description

This modern office/warehouse building was built in 2000 and features high-clearance and on site car parking.