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Location
The property is located within the Adelaide Airport precinct, approximately seven kilometres from the Adelaide CBD.
Description
This purpose-built property comprises a single-level office and warehouse complex featuring high-clearance and three loading zones.
Asset summary
as at 30 June 2020
Title
Leasehold
Site area
30,621 sqm
Lettable area
16,835 sqm
Occupancy
100 %
WALE (by income)
0.4 years
Major tenant
Cheap as Chips
Valuation summary
Book value
$ 13.8 m
Valuation date
30-Jun-20
Cap rate
8.14 %
Discount rate
8.00 %
Location
The property is located within the Adelaide Airport precinct, approximately seven kilometres from the Adelaide CBD.
Description
This purpose-built property comprises a single-level office and warehouse complex featuring high-clearance and three loading zones.