IKEA, 91 Transport Avenue,
Netley, SA 5037

Warehouse, Factory & Industrial • Offices • Showrooms & Large Format Retail

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

Map of IKEA, 91 Transport Avenue

Directions

IKEA State Distribution Facility - Position Perfect Next to Adelaide Airport

IKEA P/L: Owned by Ingka Group
Renewed Lease plus option
6,520sqm facility on 12,486sqm site

+ Renewed 4 year lease to November 2025 plus options to 2029
+ IKEA Pty Ltd: owned by Swedish furniture giant Ingka Group
+ Important facility servicing South Australia’s IKEA outlets and seasonal stock surges
+ Fixed 2.5% annual rent increases ensuring rental growth
+ Large 6,520sqm high clearance (10m+) office/warehouse facility plus canopy and hardstand
+ Substantial 12,486sqm landholding
+ Strategic position with key logistics hub adjacent the Adelaide Airport east expansion
+ Net Income: $596,621 pa*

For Sale by Investment Portfolio Auction
11.15am (AEDT) Thursday 11 November 2021

Netley, 5037 demographic data

The median household income for Netley is $1,333, 14% lower than Greater Adelaide's household income of $1,548. Netley has an older age profile compared to the rest of Greater Adelaide (median age 42 vs 39). Property ownership data shows 40% of property owners in Netley have a mortgage.

1,910

Population

$1,333 per week

Median household income

42 years

Median age

Owners

Most residents

Families

Most households

CBRE - VIC

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000