Description
164 Newton Road comprises a modern industrial facility extending to a total building area of approximately 6,360sqm, erected on a site of 14,070sqm (1.407 hectares). The building is currently leased to Baxter Healthcare Pty Limited, expiring on 24 October 2012, reflecting remaining lease duration of 6.42 years.
166 Newton Road comprises a modern industrial facility extending to a total building area of approximately 5,524.6sqm, erected on a site of 9,495sqm. The building is currently leased to Parbury Building Products Pty Limited, expiring on 31 July 2009, reflecting a remaining lease duration of 3.17 years.
Location
The subject property is located on the southern side of Newton Road approximately 400 metres east of the intersection with Cowpasture Road at Wetherill Park, an established industrial precinct of western Sydney. Railway facilities are provided at Guildford, seven (7) kilometres eastwards whilst the T-Way express bus route is located a short distance to the east. Local shopping facilities are available at Wetherill Park, two (2) kilometres to the south, whilst bus services link the area to rail facilities at Fairfield. The Western Sydney Orbital (M7 Motorway) runs in a north-south direction approximately five (5) kilometres to the west of the subject property.
Key Information
- OwnershipVPT
- Acquisition12/07/2006
- Book Value ($,000)16,000
- Independant Valuation Date30/6/2008
- Independant Valuation ($,000)16,000
- Independant ValuerJones Lang LaSalle
- Valuation Cap Rate7.75%
-
Net Lettable AreaOther: 11,858 sqm
- Occupancy as at 30/6/2008100%
- No. Of Tenants2
- WALE as at 30/6/20083.0 years
- Rent Review StructureFixed
- Age of Building1992 & 2000
Contact Details
- Martin Hanratty
- 02 8257 6706