## 599 Main North Road 

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#  599 Main North Road

Gepps Cross, SA

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Location

The property is located in Gepps Cross approximately 10 kilometres north of Adelaide's CBD. This position provides easy access to Adelaide's north and eastern suburbs via road and rail.

Description

This Woolworths Regional Distribution Centre was purpose built in 1996 and extended in 2005 and 2020. It incorporates ambient and temperature-controlled warehouse space, a returns transfer facility and a modern two-level office building. The expansion in 2020 included installation of a 1.6 MVa rooftop solar PV array.

This asset is wholly owned by Growthpoint Properties Australia.

Asset summary

as at 30 June 2026

Sector

Industrial

Title

Freehold

Site area

233,500 sqm

Lettable area

91,686 sqm

Occupancy

100 %

WALE (by income)

8.9 years

Major tenant

Woolworths

Valuation summary

Book value

 $ 189.0 m

Cap rate

6.00 %

Discount rate

7.75 %

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 in Gepps Cross approximately 10 kilometres north of Adelaide's CBD. This position provides easy access to Adelaide's north and eastern suburbs via road and rail.

Description

This Woolworths Regional Distribution Centre was purpose built in 1996 and extended in 2005 and 2020. It incorporates ambient and temperature-controlled warehouse space, a returns transfer facility and a modern two-level office building. The expansion in 2020 included installation of a 1.6 MVa rooftop solar PV array.

## -34.838445, 138.6111625

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