Industrial VPT
144-156 McCreddie Street, Smithfield NSW, Australia
Description
Carton manufacturing plant with internal clearance of 6-7.25m to the front and 8-12m to the rear. Relatively modern design with ancillary office space and extensive on grade car parking.
Located within an established industrial area with good access. Property is tightly held in the market and there is limited vacancy and development oportunities within the vicinity.
Location
Located within Smithfield Industrial Area characterised by light industrial manufacturing facilities and distribution warehouses. Established industrial suburb situated 6km south of Parramatta CBD and 25km west of Sydney CBD.
Key Information
- Ownership VPT - VCML as trustee for the Australian Packaging Plant Trust
- Acquisition 1/8/2007
- Purchase Price ($,000) 26,646
- Book Value ($,000) 21,900
- Valuation Cap Rate 8.75%
-
Net Lettable Area
Other: GBA - 20,190 sqm
- Car Spaces On grade
- Occupancy as at 30/6/2009 100%
- No. Of Tenants 1
- WALE as at 30/6/2009 7.2 years
Contact Details
- Adam Stent
- 02 8257 6646
- adam.stent@valad.com.au