1-47 PERCIVAL ROAD, SMITHFIELD, NSW
DESCRIPTION
This property fronts the Cumberland Highway at Smithfield and provides direct access to the M4 Motorway. A new office/warehouse was designed and constructed for Sandvik in 2002. The two original buildings have undergone partial refurbishment. A new building was completed by Mirvac for Sandvik in June 2010.
| SUMMARY INFORMATION | |
|---|
| OWNERSHIP | 100% MPT |
| NLA | 22,545 sqm |
| CARSPACES | 207 |
| ACQUISITION DATE | Nov 02 |
| LAST EXTERNAL VALUATION DATE | 31 Dec 11 |
| VALUATION AT 31 DEC 11 | $28.3m |
| VALUER | SAVILLS |
| CAPITALISATION RATE | 8.25% |
| DISCOUNT RATE | 9.75% |
| MAJOR TENANTS | NLA SQM | LEASE EXPIRY |
|---|
| SANDVIK AUSTRALIA | 17,108 | Jun 22 |
TYCO FLOW
CONTROL PACIFIC | 5,437 | Jan 12 |
| LEASE EXPIRY PROFILE % AREA | |
|---|
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