Yennora Distribution Centre, Yennora
Yennora Distribution Centre is one of the largest distribution centres of its kind in the southern hemisphere with 300,000 sqm of warehousing and 70,000 sqm of dedicated container hardstand. The 70 hectare site operates as an 'intermodal' rail terminal with seven kilometres of rail sidings connected to the Main Southern Rail Line. A DA has been lodged for two new buildings totalling 22,600 sqm (Building 3 and Site 8A).
| Location: Western Sydney, NSW | ||
|---|---|---|
| Acquisition date: | Jul 2000/Nov 2010 | |
| Ownership/Title: | 100%/Freehold | |
| Cost including additions: | $273.0 million | |
| Last Independent Valuation | ||
| Date: | Dec 2015 | |
| Valuation: | $381.0 million | |
| Valuation $/m2: | $1,283/m2 | |
| Capitalisation rate: | 7.00% | |
| Discount rate: | 8.25% | |
| Lettable area: | 296,991 m2 | |
| Site area: | 70 ha | |
| Hardstand: | 70,000 m2 | |
| Weighted average lease expiry: | 4.0 years | |
| Major Tenants | GLA m2 | |
| Australian Wool Handlers | 67,647 | |
| Qube Logistics | 44,677 | |
| Austpac Pty Ltd | 22,636 | |
| Toll Holdings Limited | 20,240 | |