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Colliers - ADELAIDE

147-155 Bedford Street Gillman, SA 5013

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147-155 Bedford Street,
Gillman, SA 5013

Warehouse, Factory & Industrial

Price information

Sale - Expression of Interest

Please contact agent

Under Contract

Key property information

Land area

Floor area

Parking info

Property extent

Zoning

Municipality

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$140,000
Number of Tenants
1 Tenant
Tenants / Type
Malec QLD Pty Ltd

Private inspections

to arrange a private inspection.
Colliers - ADELAIDE
Jay Nash
Paul Tierney

Colliers - ADELAIDE

Level 9, 121 King William Street
ADELAIDE, SA 5000
Colliers - ADELAIDE
147-155 Bedford Street
Gillman, SA 5013

Map of 147-155 Bedford Street

Directions
  • Train stations within 5 km of 147-155 Bedford Street, Gillman, SA 5013Distance
    Port Adelaide Station2.4 km
    Alberton Station2.6 km
    Glanville Station3.4 km
    Cheltenham Station3.4 km
    Peterhead Station3.4 km
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  • Bus stops within 5 km of 147-155 Bedford Street, Gillman, SA 5013Distance
    35a Eastern Pde - East Side594 m
    35 Eastern Pde - East Side974 m
    36 Bedford St - North Side1 km
    34 Eastern Pde - East Side1.2 km
    36b Bedford St - North Side1.3 km
    POWERED BY HERE ©
POWERED BY HERE ©

High yielding investment with future development upside (STCC)

  • 10,396m²* site on one Title
  • Massive exposure to PREXY & Bedford St
  • 100% leased until December 2027
147-155 Bedford Street, Gillman is strategically positioned in the heart of Adelaide’s inner-northern industrial market, with direct exposure to the Port River Expressway (PREXY) and extensive exposure to Bedford Street.

Centrally located in Gillman a premium industrial suburb, the site is only 12 kilometres* north of the Adelaide CBD. The site has exceptional transport connectivity to a wide range of major roads, as well as easy access to the port and rail infrastructure.

Large irregular shaped allotment of 10,396 square metres* (1.039ha*) in a premium location within the versatile Strategic Employment zone within the City of Port Adelaide Enfield.

This long-leased investment offers investors security of tenure for the next 6 years with good income and locked in growth as well as the longer-term development upside. Limited improvements on the site support the current tenants’ functions as a transport depot and allow future development at lease expiry. The site is fully leased to Malec Qld Pty Ltd until December 2027. The tenant pays all outgoings, and the site produces a net income of $140,000 per annum net. Currently increasing to $145,000 per annum net in December 2021, with CPI increases thereafter until the market review at renewal. The tenant has the right to a further 5-year term at renewal.

For Sale by Expressions of Interest closing Thursday 30 September 2021 at 4pm.

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

*Approximately.

Property ID: 503900306Last Updated: 23 Nov 2021

Colliers - ADELAIDE
Level 9, 121 King William Street
ADELAIDE, SA 5000
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