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CBRE - South Australia (RLA 208125)

6 Priority Court Edinburgh North, SA 5113

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6 Priority Court,
Edinburgh North, SA 5113

Warehouse, Factory & Industrial

Price information

Sale - Expression of Interest

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Key property information

Land area

Floor area

Property extent

Tenure type

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CBRE - South Australia (RLA 208125)
Jordan Kies
Cass Applebee

CBRE - South Australia (RLA 208125)

Level 5, 151 Pirie Street
ADELAIDE, SA 5000
CBRE - South Australia (RLA 208125)
6 Priority Court
Edinburgh North, SA 5113

Map of 6 Priority Court

Directions
  • Train stations within 5 km of 6 Priority Court, Edinburgh North, SA 5113Distance
    Womma Station1.1 km
    Broadmeadows Station - Whiting Ct Entrance1.6 km
    Elizabeth Station1.9 km
    Elizabeth South Station3.4 km
    Smithfield Station3.4 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 6 Priority Court, Edinburgh North, SA 5113Distance
    School Hewittson Rd / Ridgeway Rd359 m
    70 Easton Ave - West Side359 m
    69 Womma Rd - South West Side449 m
    68 Peachey Rd - West Side540 m
    70a Easton Ave - West Side708 m
    POWERED BY HERE ©
POWERED BY HERE ©

INDUSTRIAL REPOSITIONING INVESTMENT

  • Improvement Totalling 5,257 sqm*
  • Large Site Area of 18,310 sqm*
  • Multi Tenanted Asset
Highly functional improvements with a gross lettable area of 5,257sqm (approx) and 10m (approx) high clearance in the main warehouse. The warehouse includes two 16 Tonne (approx) & one 5 Tonne (approx) Gantry Cranes. Edinburgh North is home to the new Drakes Distribution Centre which is only some 300 metres away, plus the RAAF Defence base (second largest in Australia) and other majors users such as BAE Systems, Grace Removals.

- Diversified income with staggered lease expiries
- Combined Net Passing income $315,895 pa (approx)
- Tenant 1: Eastern States Engineering Pty Ltd with lease expiring 31 December 2025 with a further 5-year option period
- Tenant 2: Hallett Concrete Pty Ltd with lease expiring 30 June 2024 with two further 5- year option periods
- Low site coverage ratio of 28.7% (approx)
- No Stamp Duty Payable

The Northern Expressway is some 4kms (approx) west providing direct access to Adelaide and Port Adelaide.

The property is For Sale by Expressions of Interest closing Thursday 25 November 2021 at 4pm (ACDT)

*approx

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Property ID: 503941554Last Updated: 30 Nov 2021

CBRE - South Australia (RLA 208125)
Level 5, 151 Pirie Street
ADELAIDE, SA 5000
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