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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.

Location: Western Sydney, NSW
Acquisition date: Jan 2016
Ownership/Title: 100%/Freehold
Cost including additions: $19.4 million
Last Independent Valuation
Date: Dec 2016
Valuation: $21.6 million
Valuation $/m2: $1,842/m²
Capitalisation rate: 6.00%
Discount rate: 7.50%
Lettable area: 11,725 m²
Site area: 2.0 ha
Weighted average lease expiry: 10.2 years
Major Tenants GLA m2
Viscount Plastics Pty Ltd 11725