Skip to main content
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 property was built in 2005 and comprises a warehouse complex featuring high-clearance accommodation and three loading zones. A single-level office adjoins the warehouse.

Asset summary
as at 31 December 2020
Title
Leasehold
Site area
30,621 sqm
Lettable area
16,835 sqm
Occupancy
-
WALE (by income)
-
Major tenant
Vacant
Valuation summary
Book value
$ 13.6 m
Valuation date
31-Dec-20
Cap rate
7.68 %
Discount rate
7.75 %
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 property was built in 2005 and comprises a warehouse complex featuring high-clearance accommodation and three loading zones. A single-level office adjoins the warehouse.