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89 Quarry Road, Erskine Park

This 11,700 sqm new modern warehouse is located in Erskine Park, one of Sydney's premier industrial locations. The property benefits from excellent proximity to the M4/M7 interchange and is fully leased to Viscount Plastics Pty Ltd with a long WALE.

Location: Western Sydney, NSW
Date:Jun 2018
Valuation:$24.2 million
Valuation $/m2:$2,064 /m²
Capitalisation rate:5.75%
Discount rate:7.25%
Lettable area:11,725 m²
Site area:2.0 ha
Weighted average lease expiry:9.2 years
Acquisition date:Jan 2016
Cost including additions:$19.6 million
Major TenantsGLA m2
Viscount Plastics Pty Ltd11,725