54 Francis Road Wingfield SA 5013

Colliers is pleased to present to the market 54 Francis Road, Wingfield for sale.

Improvements to the property include an office/workshop facility of 2,393 square metres* on a significant land holding of 4,027 square metres* in the heart of Adelaide's inner north industrial precinct.

The property is leased to Defence Coating Systems at a current net rental of $163,100 per annum* plus GST plus Outgoings on a 5 + 3 year lease from 1 November 2021.

The property is positioned 14 kilometres* north of the Adelaide CBD, within Adelaide's established inner northern industrial precinct offering convenient access to Port Adelaide and the Northern Connector.

Features of the property include:
- Total building area of 2,393 square metres*
- Site area of 4,027 square metres*
- Close proximity to major northern arterial road networks
- Air-conditioned offices over two levels
- Multiple access points to warehouse
- Zoned Strategic Employment in the City of Port Adelaide Enfield
- Ample car parking/side yard
- Secure site with lock-up gate
- No Stamp Duty payable

Lease details:
Lessee: Defence Coating Systems
Current Rent: $163,100 per annum* plus GST plus Outgoings
Lease Term: 5 + 3 year lease from 1 November 2021
Rent Reviews: 3% Annually, Market Review on Renewal

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

*Approximately.
**Outlines indicative only.