32 Sargents Road, Michinbury, NSW
DESCRIPTION
The property comprises two high clearance warehouses, purpose built for Star Track Express in 2004 and 2006. The property is located close to the junction of the M4 and M7 Motorways.
| SUMMARY INFORMATION | |
|---|
| OWNERSHIP | 100% MPT |
| NLA | 22,378 sqm |
| CARSPACES | 202 |
| ACQUISITION DATE | Dec 09 |
| LAST EXTERNAL VALUATION DATE | 30 Jun 11 |
| VALUATION AT 31 DEC 11 | $23.5m |
| VALUER | DIRECTORS VALUATION |
| CAPITALISATION RATE | 8.75% |
| DISCOUNT RATE | 9.50% |
| MAJOR TENANTS | NLA SQM | LEASE EXPIRY |
|---|
| STAR TRACK EXPRESS | 22,378 | Nov 14 |
| LEASE EXPIRY PROFILE % AREA | |
|---|
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