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IKEA, 91 Transport Avenue, NETLEY, SA, 5037

2. Property Highlights

IKEA State Distribution Facility - Position Perfect Next to Adelaide Airport
  • IKEA P/L: Owned by Ingka Group
  • Renewed Lease plus option
  • 6,520sqm facility on 12,486sqm site

+ 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

Remember to mention you found this property on CommercialReady.com.au

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3. Property Location

IKEA, 91 Transport Avenue, NETLEY, SA, 5037

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4. Due Diligence

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IKEA, 91 Transport Avenue, NETLEY, SA, 5037 Netley
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