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Wetherill Park Distribution Centre

A modern building offering flexible office and warehousing solutions including drive around access and large hardstand at the rear. The building is fully leased to Stora Enso Australia and Freight Specialists.

Location: Western Sydney, NSW
Date:Jun 2018
Valuation:$29.4 million
Valuation $/m2:$1,819/m²
Capitalisation rate:6.50%
Discount rate:7.75%
Lettable area:16,163 m²
Site area:4 ha
Hardstand:9,000 m²
Weighted average lease expiry:2.0 years
Acquisition date:Apr 2003
Ownership/Title:100%/Freehold
Cost including additions:$23.9 million
Major TenantsGLA m2
Stora Enso Australia5,989
Freight Specialists Pty Limited10,174