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Location
The property is located approximately 16 kilometres west of Sydney's CBD. The property has access to the major arterials of Sydney with the M4 Motorway and Silverwater Road within approximately one kilometre.
Description
The property was purpose built in 2000 as a printing facility with adjoining offices over two levels. Built as two adjoining units the property could be easily repurposed for warehousing.
Asset summary
as at 30 June 2021
Title
Freehold
Site area
13,490 sqm
Lettable area
8,253 sqm
Occupancy
100 %
WALE (by income)
1.2 years
Major tenant
IVE Group Australia
Valuation summary
Book value
$ 27.2 m
Valuation date
30-Jun-21
Cap rate
4.50 %
Discount rate
5.75 %
Location
The property is located approximately 16 kilometres west of Sydney's CBD. The property has access to the major arterials of Sydney with the M4 Motorway and Silverwater Road within approximately one kilometre.
Description
The property was purpose built in 2000 as a printing facility with adjoining offices over two levels. Built as two adjoining units the property could be easily repurposed for warehousing.