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Knight Frank - Adelaide (RLA 199257)

IKEA, 91 Transport Avenue Netley, SA 5037

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IKEA, 91 Transport Avenue,
Netley, SA 5037

Warehouse, Factory & Industrial • Offices • Showrooms & Bulky Goods

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Knight Frank - Adelaide (RLA 199257)
Oliver Totani
David Ludlow

Knight Frank - Adelaide (RLA 199257)

Level 29 Westpac House, 91 King William Street
ADELAIDE, SA 5000
Knight Frank - Adelaide (RLA 199257)
IKEA, 91 Transport Avenue
Netley, SA 5037

Map of IKEA, 91 Transport Avenue

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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

Property ID: 503924962Last Updated: 26 Nov 2021

Knight Frank - Adelaide (RLA 199257)
Level 29 Westpac House, 91 King William Street
ADELAIDE, SA 5000
Burgess Rawson - Melbourne
Level 7, 140 Bourke Street
MELBOURNE, VIC 3000
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