## 10 Butler Boulevard 

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#  10 Butler Boulevard

Adelaide Airport, SA

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![](https://growthpoint.com.au/sites/default/files/styles/property_gallery/public/2022-02/10-Butler-Blvd-Adelaide-Airport-SA-2022-1.jpg?h=bfc7a354&itok=6wVKEnD0)

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Location

The property is located within the Adelaide Airport precinct, approximately seven kilometres from the Adelaide CBD. The location is sought after due to its close proximity to the airport and surrounding key roadways connecting the northern and southern suburbs.

Description

This purpose-built facility was constructed in 2005 and comprises a high-clearance warehouse with loading to each elevation and drive-around configuration. A two-level office adjoins the front of the warehouse.

This asset is wholly owned by Growthpoint Properties Australia.

Asset summary

as at 30 June 2026

Sector

Industrial

Title

Leasehold

Site area

16,100 sqm

Lettable area

8,461 sqm

Occupancy

100 %

WALE (by income)

3.6 years

Major tenant

Team Global Express

Valuation summary

Book value

 $ 13.9 m

Cap rate

6.67 %

Discount rate

8.00 %

Contact us

![Rob Salerno photo](https://growthpoint.com.au/sites/default/files/styles/goz_our_team/public/2026-07/Rob-Salerno-web.jpg?h=3da94e8f&itok=XDWZw6_k)

Rob Salerno

Senior Asset Manager

      +61 404 525 111

[         Contact via Email ](mailto:rsalerno@growthpoint.com.au)

Location

The property is located within the Adelaide Airport precinct, approximately seven kilometres from the Adelaide CBD. The location is sought after due to its close proximity to the airport and surrounding key roadways connecting the northern and southern suburbs.

Description

This purpose-built facility was constructed in 2005 and comprises a high-clearance warehouse with loading to each elevation and drive-around configuration. A two-level office adjoins the front of the warehouse.

## -34.9364076, 138.5271398

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