2 Davis Road, Wetherill Park
Key Property Information
This property is a modern office/warehouse building which was completed in 1990 and occupies a prominent location adjacent to the T-Way bus link between Liverpool and Parramatta.
The building has a 10% office component built over two levels and a high clearance fully-sprinklered warehouse. The property has a low site coverage of 38%, with potential expansion at the rear of the site. The property is leased for nine years to Visy PET Pty Ltd, expiring in 2012.
Key Information
| Location: | Western Sydney, NSW |
| Acquisition Date: | April 2003 |
| Ownership/Title: | 100%/Freehold |
| Independent Valuation: | December 2006 |
| Valuation ($/m2): | $19.3 million ($1,148/m²) |
| Capitalisation Rate: | 7.25% |
| Discount Rate: | 8.75% |
| Lettable Area: | 16,813m² |
| Site Area: | 4.3 hectare |
