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46 - 70 Grand Trunkway
Gillman SA 5013
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Sold on 6 Jan 2020

46 - 70 Grand Trunkway Gillman SA 5013

  • Factory, Warehouse & Industrial
  • 31,589 m²
  • Sold

AUSTRALIAS 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 Australias 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.

JLL - Melbourne
JLL - Melbourne
Level 33/101 Collins St
Melbourne, VIC 3000

Property Highlights

Date Sold6 Jan 2020
Floor Area31,589 m²
Land Area6.51 ha
ParkingAsk Agent
Property ID2015259862
Category
Last updated  6 Jan 2020
Map for 46 - 70 Grand Trunkway Gillman SA 5013

Nearest transport* to 46 - 70 Grand Trunkway Gillman SA 5013

Bus
Stop 36 Bedford St - North side1.4 km
Stop 36 Bedford St - South side1.4 km
Stop School Victoria Rd / Walton St1.4 km
Stop School Victoria Rd / Baker St1.4 km
This data is sourced on 26/11/2024 from Department for Infrastructure and Transport, South Australia, Adelaide Metro General Transit
*Within a 4km radius
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JLL - Melbourne
JLL - Melbourne
Level 33/101 Collins St
Melbourne, VIC 3000

Property Highlights

Date Sold6 Jan 2020
Floor Area31,589 m²
Land Area6.51 ha
ParkingAsk Agent
Property ID2015259862
Category
Last updated  6 Jan 2020

Listed by

Jamie Guerra
Jamie Guerra
JLL - Melbourne
Call
+61 418 849 780

More about 46 - 70 Grand Trunkway Gillman SA 5013

46 - 70 Grand Trunkway Gillman SA 5013 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 31,589 m² and a land area of 6.51 ha. The listing ID for this property is 2015259862.

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