## 12-16 Butler Boulevard 

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#  12-16 Butler Boulevard

Adelaide Airport, SA

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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 property was built in 2005 and comprises a warehouse complex featuring high-clearance accommodation with a main loading area and large hardstand. A single-level office adjoins the warehouse. During 2021 the property was upgraded to an automated parcel sorting facility.

This asset is wholly owned by Growthpoint Properties Australia.

Asset summary

as at 30 June 2026

Sector

Industrial

Title

Leasehold

Site area

30,621 sqm

Lettable area

16,835 sqm

Occupancy

100 %

WALE (by income)

5.1 years

Major tenant

Australia Post

Valuation summary

Book value

 $ 24.5 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 property was built in 2005 and comprises a warehouse complex featuring high-clearance accommodation with a main loading area and large hardstand. A single-level office adjoins the warehouse. During 2021 the property was upgraded to an automated parcel sorting facility.

## -34.9371688, 138.5262828

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