91 Transport Avenue Netley SA 5037

Factory, Warehouse & Industrial
6,520 m²
Sold

IKEA State Distribution Facility - Position Perfect Next to Adelaide Airport

+ 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

AUCTION

Auction date and time	11/11/2021 11:15
Auction location	91 Transport Avenue, Netley SA

Property Highlights

Date Sold	11 Nov 2021
Floor Area	6,520 m²
Land Area	1.25 ha
Energy	Ask Agent
Parking	Ask Agent
Property ID	2017306850
Category	Factory, Warehouse & Industrial Offices Showrooms / Bulky Goods
Last updated	17 Nov 2021

Map for 91 Transport Avenue Netley SA 5037

Property Highlights

Date Sold	11 Nov 2021
Floor Area	6,520 m²
Land Area	1.25 ha
Energy	Ask Agent
Parking	Ask Agent
Property ID	2017306850
Category	Factory, Warehouse & Industrial Offices Showrooms / Bulky Goods
Last updated	17 Nov 2021