View results on a Map View results on a list
The contents of this map are for illustrative purposes only and are subject to change without prior notice.

Port Adelaide Distribution Centre, Port Adelaide

Port Adelaide Distribution Centre is a large industrial estate comprising over 160,000 sqm across 12 large warehouses, together with hardstand area and surplus development land. The 32 hectare site is well located within close proximity to the port and main arterial routes. ACI Packaging, a subsidiary of Owens-Illinois, has recently renewed its lease on buildings D and G for 33,000 sqm. Additionally, a DA has been granted for a new 7,500 sqm warehouse on surplus land.

Location: Port Adelaide, SA
Acquisition date: Jul 2000
Ownership/Title: 100%/Freehold
Cost including additions: $62.3 million
Last Independent Valuation
Date: Dec 2015
Valuation: $99.9 million
Valuation $/m2: $596/m2
Capitalisation rate: 9.00%
Discount rate: 9.25%
Lettable area: 167,608 m2
Site area: 32 ha
Weighted average lease expiry: 2.1 years
Major Tenants GLA m2
ACI 72,792
Koch Fertiliser 23,481
Wengfu Australia 20,770
Spendless Shoes Pty Limited 12,383