PRIZED INVESTMENT OPPORTUNITY

9 & 9A Islington Court, Dudley Park, South Australia 5008

Industrial For Sale

Expressions of Interest. EOI Date 10 Sep 2019
Land Area: 2,485.00 m2.    Floor Area: 1,711.00 m2.    

Description

Colliers International is pleased to present for sale by way of Expressions of Interest, 9 and 9A Islington Court, Dudley Park. An outstanding industrial investment located in one of Adelaide’s premier inner suburban industrial business parks.

Key features include:

• Total site area of 2,485 sqm* contained within two certificates of title.
• High quality industrial facility of 1,711 sqm *
• Office accommodation over two levels and high clearance warehousing.
• 100% leased to Sunway Total Rubber – National tenant with global recognition.
• 5 + 5 year lease commencing 1 October 2018
• Triple net income of $136,000 per annum (Oct 19) with fixed annual increases.
• Tenant pays all outgoings including repairs and maintenance and land tax.
• Recently constructed facility (Sep 18) offering significant tax depreciation benefits.
• Countless building features including precast concrete panels and high bay LED lighting.
• Appealing business park location, 4.5 kms * north of the Adelaide CBD.
• Surrounding many high profile, corporate national occupiers.
• Secure site with concrete hardstand and ample car parking.
• Easy access to national transport network, including recently upgraded South Road Superway.
• Separate torrens titled properties – providing future divestment flexibility.
• Zero stamp duty and no GST payable.

*Approx

For Sale by way of Expressions of Interest closing Tuesday, 10th September 2019 at 4pm (ACST).

For a copy of the Information Memorandum or to arrange an inspection, please contact Colliers International as the exclusive listing agents.

Features

  • Blue-chip national tenant
  • Triple net lease
  • No stamp duty and no GST

Specifications

Council City of Port Adelaide Enfield
Zoning Light Industry

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