5 Williams Circuit Pooraka SA 5095

JLL, as exclusive selling agent, is pleased to present for sale 5 Williams Circuit, Pooraka; a high quality, standalone industrial investment opportunity in Adelaide's sought-after inner north.

The property is fully leased to Wills & Daniel the Produce Merchants Pty. Ltd expiring 31 December 2024 with a further 5 year right of renewal.

The site itself represents a land holding of 3,391 square metres* with access provided via Williams Circuit (710 metres* east of Port Wakefield Road & 650 metres* west of Main North Road). The site is strategically located within Adelaide's growing northern industrial precinct, providing outstanding access to the CBD, as well as Adelaide's burgeoning Port and outer northern industrial areas.

Key investment considerations;
- Standalone office warehouse of 1,113 sqm*
- High-clearance warehousing with significant cool room infrastructure
- Modern, open plan office of 175 square metres
- Fully leased to 31 December 2024 plus options
- Stepped / fixed annual increases
- Net income of $135,061 per annum
- Attractive, defensive asset class with food-based occupier
- Generous site of 3,391 sqm*
- Low site coverage providing potential for future redevelopment (stnc)
- No stamp-duty payable

In an environment of historically low interest rates, and with a shortage of quality industrial investment stock in market, 5 Williams Circuit provides a fantastic opportunity to secure an established, fully leased asset with strong fundamentals and future upside.

The property is offered for sale by Public Auction onsite, Tuesday 17th August at 11:00am.

*approx.

JLL
RLA1842