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1/35 Eastern Parade, Port Adelaide, SA, 5015

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1/35 Eastern Parade, Port Adelaide, SA, 5015

1/35 Eastern Parade, Port Adelaide, SA, 5015

Properties / Sold / South Australia / Port Adelaide
Tenanted Investment

1. Property Summary

Selling Method
Auction
Selling Details
Price on Request
Land Area
1,206 m² (*approx)
Floor Area
1206 m² (*approx)
Property Type
Industrial, Other, Retail
Sub-type
Office/Warehouse, Mixed Use
Terms
New Four (4) year lease to September 2028 plus options to 2036
Est. Income
$187,000 p/a
Fully Leased
Safety Xpress
Show All

2. Property Highlights

Brand New Industrial Investment - Leased to National Safety Equipment Tenant in Thriving Logistics Precinct
  • New 4 Year Lease + Options to 2036
  • Corner 1,206sqm Showroom Warehouse
  • Stamp Duty Free Investment

Burgess Rawson, together with Ray White and McGees Property Adelaide are delighted to offer to the market the Safety Xpress at 1/35 Eastern Parade, Port Adelaide SA for sale via Investment Portfolio Auction 173.

This property has the following key investment highlights:

+ New Four (4) year lease to Safety Xpress to September 2028 plus options to 2036.

+ Safety Xpress: Australia’s premier safety equipment supplier with locations in VIC, NSW and QLD.

+ Impressive 1,206sqm* high clearance showroom and warehouse incorporating office and staff amenities.

+ Significant 40ft container loading capability for important truck import and exports.

+ Landlord favourable net lease terms with the tenant paying all outgoings including management fees.

+ Stamp Duty Free investment, no stamp duty payable on commercial property in South Australia.

+ Brand new 2024 construction, providing maximum tax saving depreciation benefits.

+ Fixed 3.25% annual rent increases ensuring income growth.

+ Key transport location, with frontage to Port River Expressway (38,300 vehicles passing daily)** and direct connectivity to the North-South Motorway and Harbor Port.

+ Directly adjacent to Ampol and located in a tightly held 'core' industrial precinct, neighbouring Visy and only 750 metres* from the Port.

+ Port Adelaide: Port City and commercial hub only 14kms* from Adelaide CBD.

+ City of Port Adelaide Enfield: South Australia's 3rd largest LGA, with population of 138,585 residents and a GRP of $11.19 billion.***

+ Industries in the Port Adelaide Enfield region including Transport/Warehousing and Wholesale Trade have increased $877 million and $216 million respectively.***

+ Net Income: $187,000 pa* + GST.

*Approx

**GapMaps

***Port Adelaide Enfield

For further information, please contact the selling agents below:

Burgess Rawson & Associates Victoria Pty Ltd - RLA 327401

Shaun Venables 0411 860 865

Romanor Falconer 0413 830 808

Beau Coulter 0413 839 898

Immobiliare (SA) Pty Ltd T/A RWC Adelaide - RLA 332186

Oliver Totani 0412 808 743

McGees (S.A.) Pty Ltd - RLA 1722

Andrew Wilson 0450 965 633

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

1. Property Summary

Property Type
Industrial, Other, Retail
Sub-type
Office/Warehouse, Mixed Use
Est. Income
$187,000 p/a
Tenant
Safety Xpress
Terms
New Four (4) year lease to September 2028 plus options to 2036
Land Area
1,206 m² (*approx)
Floor Area
1206 m² (*approx)
Selling Method
Auction
Auction Date
11 Dec 2024 10:30AM
Selling Details
Price on Request

2. Property Highlights

Brand New Industrial Investment - Leased to National Safety Equipment Tenant in Thriving Logistics Precinct
  • New 4 Year Lease + Options to 2036
  • Corner 1,206sqm Showroom Warehouse
  • Stamp Duty Free Investment

Burgess Rawson, together with Ray White and McGees Property Adelaide are delighted to offer to the market the Safety Xpress at 1/35 Eastern Parade, Port Adelaide SA for sale via Investment Portfolio Auction 173.

This property has the following key investment highlights:

+ New Four (4) year lease to Safety Xpress to September 2028 plus options to 2036.

+ Safety Xpress: Australia’s premier safety equipment supplier with locations in VIC, NSW and QLD.

+ Impressive 1,206sqm* high clearance showroom and warehouse incorporating office and staff amenities.

+ Significant 40ft container loading capability for important truck import and exports.

+ Landlord favourable net lease terms with the tenant paying all outgoings including management fees.

+ Stamp Duty Free investment, no stamp duty payable on commercial property in South Australia.

+ Brand new 2024 construction, providing maximum tax saving depreciation benefits.

+ Fixed 3.25% annual rent increases ensuring income growth.

+ Key transport location, with frontage to Port River Expressway (38,300 vehicles passing daily)** and direct connectivity to the North-South Motorway and Harbor Port.

+ Directly adjacent to Ampol and located in a tightly held 'core' industrial precinct, neighbouring Visy and only 750 metres* from the Port.

+ Port Adelaide: Port City and commercial hub only 14kms* from Adelaide CBD.

+ City of Port Adelaide Enfield: South Australia's 3rd largest LGA, with population of 138,585 residents and a GRP of $11.19 billion.***

+ Industries in the Port Adelaide Enfield region including Transport/Warehousing and Wholesale Trade have increased $877 million and $216 million respectively.***

+ Net Income: $187,000 pa* + GST.

*Approx

**GapMaps

***Port Adelaide Enfield

For further information, please contact the selling agents below:

Burgess Rawson & Associates Victoria Pty Ltd - RLA 327401

Shaun Venables 0411 860 865

Romanor Falconer 0413 830 808

Beau Coulter 0413 839 898

Immobiliare (SA) Pty Ltd T/A RWC Adelaide - RLA 332186

Oliver Totani 0412 808 743

McGees (S.A.) Pty Ltd - RLA 1722

Andrew Wilson 0450 965 633

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

3. Property Location

1/35 Eastern Parade, Port Adelaide, SA, 5015

Property Map
1/35 Eastern Parade, Port Adelaide, SA, 5015 Port Adelaide
RWC Adelaide
RWC Adelaide
Level 1, 2 Ebenezer Place Adelaidee SA 5000 Australia
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