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Bulky Goods / Retail VFML
127-141 Bath Road Kirrawee, Sydney, NSW, Australia
Description
The construction of a Bunnings Warehouse reached PC on 21 A pril 2009, and consists of a gross lettable area of 13,833 m2 on site area of 31,150sqm which was subdivided when VFML acquired a larger 4.1ha site on delayed terms in December 2006 (settlement occurred on 14 August 2008).
Location
The property occupies a prominent position on the corner of Bath Road and Waratah Street and forms part of the Kirrawee industrial precinct, situated approximately 19 km south of the Sydney CBD. The site also enjoys limited exposure to the Princes Hwy.
Key Information
- Ownership VFML - 100%
- Acquisition 29/8/2008
- Book Value ($,000) 27,200
- Valuation Cap Rate 7.75%
-
Net Lettable Area
Other: 13,833
- Car Spaces 400
- Occupancy 100%
- No. Of Tenants 1
- WALE as at 30/6/2009 11.8 years
- Age of Building 2009