Leasing and Tenants > Industrial > NSW > 9 -11A Ferndell Street, Granville
Key Property Information
9-11 Ferndell Street comprises two modern office/warehouse buildings on a 5.4 hectare site. 14,370m² is leased by Australian Envelopes expiring in 2013.11a Ferndell Street is a factory/warehouse building comprising of three warehouse bays and ancillary office leased to Visy until 2013.
Both properties are located in the established industrial suburb of Granville, which is 20km west of the Sydney CBD.
| Location: | Western Sydney, NSW |
|---|---|
| Acquisition Date: | June 2003/April 2003 |
| Ownership/Title: | 100%/Freehold |
| Independent Valuation: | December 2009 |
| Valuation ($/m2): | $48.0 million ($994/m²) |
| Capitalisation Rate: | 9.50% - 10.00% |
| Discount Rate: | 10.0% - 10.25% |
| Lettable Area: | 48,280m² |
| Site Area: | 8.59 hectare |
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