Hendon Business Park (77-79 Tapleys Hill Road, Hendon) has just come to the market for sale or lease and has already attracted significant interest from the market with warehouses 6 and 7 going under contract within the first fortnight. The offering includes nine brand new office warehouses ranging from approximately 228 sqm to 498 sqm and is due for completion in April 2022. The warehouses will comprise high clearance warehousing with ground and first floor office accommodation.
McGees Property agent Andrew Wilson expressed his excitement about the new development, saying, “The property has a number of key benefits including corner positioning which allows for good vehicle access/egress, the main road exposure along Tapleys Hill Road and central location between Port Adelaide, Adelaide Airport and South Road.” Pasquale Mastrangelo from Mastracorp Real Estate added “The warehouses are attractive to a number of end users including various owner-occupiers and investors and are priced to sell”.
Whilst the brand-new facility and location is a strong attraction, the value in this offering is in the specifications offered in each warehouse. Services include 3 phase power, reverse-cycle air-conditioning to the offices, electric roller door, security system and high quality amenities including two bathrooms and kitchenette per warehouse which will be provided by the developer Bella Build and Design who has a proven track record with similar developments. “We are seeing a number of similar industrial projects coming out of the ground across suburban Adelaide, mimicking the trend across the eastern seaboard.” Mr Wilson said. Demand for these assets is expected to grow in the coming years, so now is the perfect opportunity to beat the crowd and prepare for 2022 and beyond. Units within Hendon Business Park are available for sale or lease, and for further information please contact conjunctional agents Andrew Wilson of McGees Property or Pasquale Mastrangelo of Mastracorp.
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