73-91 Lenore Lane, Erskine Park
Key Property Information
Erskine Park is an indsutrial subdivision situated on the northern side of Lenore Lane.
The property forms part of the emerging industrial precinct of Erskiine Park, located approximately 20km west of the Parramatta CBD and approximately 46km west of the Sydney CBD.
The property is 100% leased to Coil Steels until 2016 and comprises two levels of office space, together with warehouse accommodation fitted out by the tenant to function as a processing plant for steel coils.
Key Information
| Location: | Erskine Park, NSW |
| Acquisition Date: | February 2007 |
| Ownership/Title: | 100% Freehold |
| Independent Valuation: | June 2008 |
| Valuation ($/m2): | $14.0 million ($1,560/m²) |
| Capitalisation Rate: | 7.50% |
| Discount Rate: | 9.00% |
| Lettable Area: | 8,975m² |
| Site Area: | 2.5 hectare |
