Charter Hall snares Villawood commercial complex for $55 million

Charter Hall has paid $55 million for a commercial site occupied by the National Archives of Australia, in Sydney’s Villawood.

The holding at 120 Miller, 25 kilometres west of the CBD, traded off-market.

The vendor, a private investor, paid $17.5 million for the office-warehouse (pictured, top) 10 years ago.

At the time, it had a short average weighted lease expiry.

It was offered this time around with a new 20 year lease to the government.

Marketing agency CBRE said the deal took 12 months to make “a reality”. The brokers were Elijah Shakir, Michael O’Neill and Chris O’Brien.

Share or Recommend article

Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of