1 Garigal Road, Belrose

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1 Garigal Road, Belrose
100% owned by the DXS PortfolioView a list of all DXS Properties

The property is situated on the south western corner of the intersection of Garigal Rd and Forest Way at Belrose within Austlink Business Park. Austlink Business Park is located approximately 24 kilometres north west of the Sydney CBD.

Details

Building Type: Business Park
Title:  Freehold
Site Area: (ha)  2.6
Lettable Area: ('000 m2)  12.7
Number of Buildings:  1 
Car Parking Space/s:  300 

Major Tenant: Panasonic Australia Pty Ltd



Metro Area: Sydney, North 
Zoning: City Centre 
Site Coverage: (%)49
Number of Units: 2 
Average Unit Size ('000 m2): 6.3 
Acquisition Date: Dec 1998 
Acquisition Price plus Additions: (A$m) 24.5
Book Value: (A$m)22
Independent Valuation Date:Jun 2009 
Independent Valuation: (A$m)24 
Market Cap Rate: (%)9.25
Initial Yield: (%)12
Discount Rate: (%)9.5
Average Passing Rent: (A$/m2)212.09
Average Market Rent: (A$/m2)176.09
Leased by Area: (%)100
Weighted Lease Term by Income: (year/s)1.7
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Data last updated: 18 August 2010