1 Islington Court

Government Leased Office Warehouse

JLL is pleased to present for sale 1 Islington Court, Dudley Park; a high quality, Government leased office warehouse of 882 square metres (approx.) with appealing streetscape and superb quality finishes throughout.

Located in the Dudley Park Business Park, approximately 4.5 kilometres north of the Adelaide CBD, the property provides great links to major arterial roads such as Grand Junction Road, Churchill Road, South Road, Gallipoli Drive and Main North Road (Princes Highway).

The property is surrounded by other newly constructed and well-presented industrial properties.
The Business Park is home to a number of corporate and national occupiers including Gilbarco Veeder-Root, Courier Luggage, Total Rubber, Tip Top Electrical, Zap Energy Solutions, Powercell & Force Elite Academy.

We outline the key property highlights below:
- Superb quality office warehouse of 882 square metres (approx.)
- Valuable Torrens title allotment – 1,471 square metres (approx.)
- Full pre-cast concrete construction with high clearance warehouse of 794 square metres (approx.) and corporate quality office of 88 square metres (approx.)
- Secure, fenced site with generous on-site parking
- Valuable dual street access via Islington Court, and La Salle Street via an unrestricted right of way
- 100% leased to ‘Minister for Transport and Infrastructure’ – a long standing 5+ year occupant of the premises
- Estimated current net income of $80,500 per annum with fixed annual 3% increases
- Notable building depreciation benefits

We strongly recommend this high quality offering for your consideration.
The property is offered for sale by Expressions of Interest closing 4pm Thursday 30 May 2019.

For more information, or to arrange an inspection of the property, please contact the exclusive selling agent JLL.

JLL
RLA1842