55 – 63 Bourke Rd, Alexandria
Key Property Information
55-63 Bourke Road comprises two detached office/ warehouse buildings on a 2.4 hectare site. The northern building includes 7,076m² of improvements, leased to CSR Ltd. The southern building comprises 8,770m² of improvements, leased to Metcash.
The property is located on a major thoroughfare with ready access to Kingsford Smith Airport, Princes Highway, Port Botany and the Sydney CBD.
Key Information
| Location: | South Sydney, NSW |
| Acquisition Date: | June 2003 |
| Ownership/Title: | 100%/Freehold |
| Independent Valuation: | June 2008 |
| Valuation ($/m2): | $29.3million ($1,846/m²) |
| Capitalisation Rate: | 6.75% |
| Discount Rate: | 8.75% |
| Lettable Area: | 15,846m² |
| Site Area: | 2.4 hectare |
