 Asset Class: | Industrial |
 Price: | $ 1120000 |
 Net Yield: | 5.15 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | On Market |
<b>An Unmissable Industrial Investment</b><br><br>Seize the rare opportunity to secure a <b>freehold industrial property</b> in <b>Wingfield</b> — Adelaide’s most sought-after industrial precinct — at an unbeatable <b>sub-$1.5 million price point</b>. With a <b>negotiated price of $1,120,000</b> and a <b>true net yield of 5.45%</b> (including a stamp duty saving of approx. $55,000), this fully-leased site offers immediate holding income from two established tenants, <b>AM Automotive</b> and <b>Midnight Express Transport</b>. Boasting <b>24.5m of street frontage</b> across <b>891 sqm of land</b> — with value-add potential to build on the vacant lot or redevelop the entire site — this is not just a property, it’s a <b>prime industrial asset</b>.<br><br>Adding to its appeal, South Australia’s <b>industrial rental market grew by 12% last year</b>, reinforcing strong demand and future growth potential. Positioned just <b>13 km from Adelaide’s CBD</b> and surrounded by major transport links, this is without question the <b>a very rare opportunity.</b>
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<b>Wingfield, SA</b> is a key industrial hub located about 10 km northwest of Adelaide's CBD. Known for its strong commercial and logistics focus, Wingfield plays a crucial role in South Australia’s industrial network, housing a range of warehousing, manufacturing, and transport businesses. Its strategic location near major arterial roads — including the Port River Expressway, South Road, and the Northern Connector — ensures seamless connectivity to the Port of Adelaide, the Adelaide Airport, and interstate transport routes.<br><br>The suburb has a small residential population but a thriving workforce, driven by its strong industrial base. Vacancy rates for commercial properties remain low due to consistent demand for well-placed industrial facilities, supported by the area's excellent transport links and proximity to the port.<br><br>South Australia’s growing reputation as a center for advanced manufacturing, defence, and logistics further reinforces Wingfield’s position as a high-performing industrial area. This blend of strong infrastructure and economic momentum makes Wingfield a reliable choice for commercial investment.
Additional Location Information FileRM Automotive<br><br>RM Automobiles Pty Ltd is a leading auto repair shop located in Wingfield, South Australia. Their team of highly qualified mechanics offers a comprehensive range of services. They service a variety of vehicle makes, such as Toyota, Mazda, Mitsubishi, Kia, Hyundai, Ford, MG, Subaru, Nissan, and Isuzu. The company emphasizes personalized service, the use of high-quality materials, and adherence to professional standards. Customers can conveniently schedule appointments through their online form.<br><br>Midnight Express Transport<br><br><span style="font-weight:normal;">Midnight Express Transport</span> is a reliable and efficient logistics company based in Wingfield, South Australia. Strategically located near key transport routes, we provide fast and cost-effective freight services across the state and beyond. Committed to punctuality, safety, and customer satisfaction, we work closely with businesses to deliver tailored transport solutions. At Midnight Express Transport, we don’t just move goods — we help move your business forward.
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Income<br><br>Midnight Express: $20,066<br>RM Automotive: $44,828<br><br>Total Income: $64,893<br><br>Outgoings<br><br>Council: $1,081<br>Water: $945<br>ESL: $1,385<br>Insurance: $2,446<br>Land Tax: $0<br>Management: $2,600<br><br>Total Outgoings: $8,457<br><br>Recoverable: $1,234 <br>(50% of council and ESL rates)<br><br>Net Income: $57,670<br>
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Subject property: Warehouse Only 296sqm - $148/sqm (circa net) Lot 3 Glasgow Street, Wingfield - 150sqm - $213/sqm Few listings online as the market is tight and no need for advertisement. Market rate is circa $200/sqm for new industrial properties with NLA sub 500sqm. No comparables for hardstand as it is too rare in this region.
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Negotiated Price: $1,120,000<br>Net Yield: 5.15%<br>True Net Yield: 5.45% (No Stamp Duty saving circa $55,000)<br>Value add: Build on vacant lot or knock down rebuild entire site (STCA)<br><br>Ultra rare freehold property <span style="color:rgb(51, 51, 51);">in Adelaide’s most sought-after industrial precinct</span> at sub $1.5m price point!!<br><br><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Located in Adelaide’s most sought-after industrial precinct, Wingfield.</span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Fully-leased site with holding income from two tenants: </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>AM Automotive</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> and </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Midnight Express Transport</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">.</span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Strong rental reversion across </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>two titles</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">.</span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">With short leases, this plays perfectly into either an add on build or market review. In 2024 Adelaide industrial </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>rents grew by 12% pa</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">.</span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Wide street frontage of </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>24.5 metres</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> on </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>891 sqm</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> of land.</span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Total lettable area of </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>296 sqm</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> with circa 400sqm concrete hardstand.</span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Prime industrial asset with future </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>value-add potential</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">. The current build is on one side of the property leaving the other side, circa 400sqm, available or you coule rebuild the entire property (STCA).</span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Situated on </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Albion Road</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> and surrounded by successful businesses.</span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Multiple access points via </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Francis Road</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">, </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>North-South Motorway</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">, </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Port River Expressway</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">, and </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Grand Junction Road</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">.</span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Approximately </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>13 km</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> from the </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Adelaide CBD</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">.</span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Wingfield is bordered by </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Dry Creek</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> and the </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Gawler and Adelaide-Port Augusta railway lines</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">.</span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">The </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>North-South Motorway</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> links </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Gawler to Darlington</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">.</span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Major industries in the suburb include </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>industrial, recycling, manufacturing,</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> and </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>freight forwarding</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">.</span></p></li></ul>
