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46 - 70 Grand Trunkway Gillman, SA 5013

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For Sale - Expression of Interest

46 - 70 Grand Trunkway Gillman, SA 5013

Warehouse, Factory & Industrial
Sale Price

Contact Agent

Land area

6.51ha (16.08 acres)

Floor area

31589.0m²

Tenure type

Tenanted Investment

AUSTRALIA’S SOUTHERN CROSS PORTFOLIO – 5 ASSETS IN 4 STATES

For Sale
46-70 Grand Trunkway, Gillman, SA, Australia

JLL are pleased to offer the opportunity to acquire 46-70 Grand Trunkway, Gillman, SA as part of The Southern Cross Portfolio.


The property provides a strong tenant covenant to one of Australia’s leading logistics and warehousing specialists, Australian Wool Handlers (AWH) and is leased until Dec 2027. Comprising a large facility utilised for storage and distribution, the site has full drive around capability and is strategically located approximately 15kms form the Adelaide Central Business District, Flinders Adelaide container terminal and the town of Port Adelaide, providing attractive amenity for businesses.

Key investment highlights include:


- Fully leased to major tenant Australia Wool Handlers (AWH)
- 31,589sqm of predominantly warehouse improvements
- Significant site of 6.5 hectares
- Long secure lease term with an 8.7 year WALE (as at May-19)
- Annual rental increases of minimum 3.0% p.a. for the duration of the lease term
- Rental income of $1,743,965* p.a. net
- Flexible improvements providing a large warehouse component with clearance
- Benefits from surrounding hardstand areas and two large canopies running along the front and rear of the building
- Excellent accessibility to major arterials with Grand Trunkway providing direct access to Port River Expressway to the south which forms part of the Northern Connector major road project
- The Northern Connector incorporates a six-lane motorway considered a vital freight and commuter link between the Northern Expressway, South Road Superway and Port River Expressway
- Strategically located within close proximity to Adelaide Central Business District, Flinders Adelaide container terminal and the suburb of Port Adelaide, providing attractive amenity for businesses
- Large frontage of approximately 370 metres to Grand Trunkway with excellent accessibility characteristics

*approx.

Property ID: 503190822Last Updated: 19 Jul 2019

JLL - Melbourne
46 - 70 Grand Trunkway
Gillman, SA 5013
Tony Iuliano

JLL - Melbourne

Level 40, 101 Collins Street
MELBOURNE, VIC 3000

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JLL - Melbourne

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JLL - Melbourne

Level 40, 101 Collins Street
MELBOURNE, VIC 3000
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Tony Iuliano

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Tony Iuliano
JLL - Melbourne
46 - 70 Grand Trunkway Gillman, SA 5013

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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