This versatile warehouse facility with 38% site cover is strategically located in one of Adelaide’s most sought-after industrial precincts – close to major road, rail and shipping freight routes.
The property has B-double access, multiple crossovers, full ‘drive-around’ access and 2,300 sqm of heavy-duty hardstand. The warehouse features six 10-tonne gantry cranes and an on-site washdown facility.
Investors were attracted to the investment’s secure 8.7% annual distribution yield as well as the asset’s long-term value-add potential. The fund was oversubscribed.