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  • For sale
Defensive industrial investment in the heart of Wingfield - #1
Defensive industrial investment in the heart of Wingfield - #2
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For Sale

Expressions of Interest closing 31st Aug 2022 Expression of Interest closing Wednesday 31 August 2022 at 3pm (ACST)
Colliers is pleased to present to the market 54 Francis Road, Wingfield for sale by Expression of Interest.

Improvements to the property include an office/workshop facility of 2,393 square metres* on a significant land holding of 4,027 square metres* in the heart of Adelaide’s inner north industrial precinct.

The property is leased to Defence Coating Systems at a current net rental of $163,100 per annum* plus GST plus Outgoings on a 5 + 3 year lease from 1 November 2021.

The property is positioned 14 kilometres* north of the Adelaide CBD, within Adelaide’s established inner northern industrial precinct offering convenient access to Port Adelaide and the Northern Connector.

Features of the property include:
- Total building area of 2,393 square metres*
- Site area of 4,027 square metres*
- Close proximity to major northern arterial road networks
- Air-conditioned offices over two levels
- Multiple access points to warehouse
- Zoned Strategic Employment in the City of Port Adelaide Enfield
- Ample car parking/side yard
- Secure site with lock-up gate
- No Stamp Duty payable

Lease details:
Lessee: Defence Coating Systems
Current Rent: $163,100 per annum* plus GST plus Outgoings
Lease Term: 5 + 3 year lease from 1 November 2021
Rent Reviews: 3% Annually, Market Review on Renewal

For Sale by Expression of Interest closing Wednesday 31 August 2022 at 3pm (ACST).

For more information or to arrange an inspection, please contact the sole exclusive listing agents at Colliers.

*Approximately.
**Outlines indicative only.

Features

Flexible Floor Plans
Building area 2,393 square metres*
Total Area - M
Site area 4,027 square metres*
Net Income
Net rental of $163,100 per annum*
TimeFrames - Lease Term
5 + 3 year lease from 1 November 2021