38-50 Bedford Street, Gillman, SA, 5013

Pirie Property Group is pleased to present 38-50 Bedford Street, Gillman — a premium industrial investment in Adelaide's thriving logistics and distribution hub. This exceptional opportunity offers secure income, future development potential, and prime positioning in one of South Australia's most sought-after industrial precincts.

Strategically located just 11.5km from the Adelaide CBD*, this 27,355sqm* landholding benefits from seamless access to the Port River Expressway, linking major road, rail, and sea freight networks.

The property is fully leased to ChemSupply Australia Pty Ltd, a leading national chemical manufacturer and distributor with over 35 years of industry presence. The 7-year lease (plus 3 x 5-year options) provides investors with a secure income, with built-in annual rent increases at the greater of CPI or 3%, ensuring steady rental growth.

With three street frontages and Road Train access, the property is ideally suited for those astute Investor land-bankers, noting the exceptional redevelopment potential, particularly as the surrounding area continues to gentrify and become South Australia's core industrial precinct.

Key investment highlights:

• 27,355sqm prime industrial site* with significant development potential

• $1M net annual rent* with strong rental growth provisions

• Secure 7-year lease to ChemSupply Australia Pty Ltd

• 13,904sqm total GLA* across office, warehouse, and production facilities

• Three street frontages with excellent accessibility and exposure

• Strategic location in Adelaide's industrial core, close to major transport routes

• Zoned Employment within the City of Port Adelaide Enfield, supporting industrial use

• Strong underlying land value in a rapidly evolving precinct

This outstanding investment is available for sale via Expressions of Interest, closing Thursday 6th March 2025 at 4:00 PM ACDT (unless sold prior).

For more information or to arrange an inspection, please contact the exclusively appointed Sales Agents.

Jordan Kies

0408 332 069

David Reid

0418 810 865

RLA 336384

*Approximately

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