 Asset Class: | Industrial |
 Price: | $ 12750000 |
 Net Yield: | 5.88 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | Off Market |
<p style=""><span style="font-weight:normal;">This prime industrial investment presents a rare opportunity to acquire a large-scale, high-quality facility in Adelaide’s tightly held inner-northern industrial precinct. Leased to AusPost, the property generates a 6.42% true net yield (as of July 2025 taking into account zero stamp duty) and sits on an 11,880sqm secure site with a 5,908sqm industrial facility, including a high-clearance 4,172sqm warehouse (9m–11.8m height), extensive 1,540sqm canopy/finger docks, and multiple roller door access for seamless logistics. Positioned below replacement cost, this asset is protected from competing new builds, ensuring long-term value. The strategic Employment zoning, zero stamp duty in SA (saving approx. $700k), and exceptional connectivity to road, rail, and port infrastructure further enhance investment appeal. Featuring a large secure concrete yard, B-double access, ESFR sprinkler system, LED lighting, modern office accommodation, and extensive security upgrades, this is a highly functional, low-risk industrial asset in a high-demand market, with minimal vacancy history over the past 20 years. Act now before the price increase in July 2025!</span></p>
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<p style=""><span style="font-weight:normal;">Pooraka, SA – A Thriving Industrial and Commercial Hub</span></p><br><p style=""><span style="font-weight:normal;">Pooraka is a well-established industrial and commercial suburb in Adelaide’s northern region, located approximately 12km from the CBD. The area is strategically positioned with easy access to major transport routes, including Main North Road, Port Wakefield Road, and the Northern Connector, making it an attractive location for logistics, warehousing, and manufacturing businesses.</span></p><br><p style=""><span style="font-weight:normal;">The suburb benefits from a diverse economic base, with a strong presence of industrial and wholesale trade businesses. Pooraka is home to the South Australian Produce Market, a key fresh food distribution hub that services the entire state, further reinforcing its significance in the supply chain sector.</span></p><br><p style=""><span style="font-weight:normal;">Residential areas within Pooraka offer affordable housing options, attracting a mix of families and working professionals. The suburb also features parks, schools, and local amenities, adding to its appeal as a convenient place to live and work.</span></p><br><p style=""><span style="font-weight:normal;">With low industrial vacancy rates, strong infrastructure links, and ongoing commercial growth in Adelaide’s northern suburbs, Pooraka remains a prime location for industrial and commercial investment, offering long-term stability and potential capital growth.</span></p>
Additional Location Information File<b>Australia Post</b><br><br>Australia Post, formally known as the Australian Postal Corporation, is a government-owned enterprise that has been the cornerstone of Australia’s postal and logistics network for over 200 years. Established in 1809, it has evolved from delivering handwritten letters to becoming a comprehensive logistics provider, supporting e-commerce, financial services, and communication needs across the nation.<br><br>Operating a vast network of post offices, sorting facilities, and delivery services, Australia Post connects urban, regional, and remote communities with reliable mail, parcel delivery, and digital services. The organization has adapted to changing market demands, investing in technology and innovation to support the rapid growth of online shopping, offering services such as parcel tracking, same-day delivery, and digital identity verification.<br><br>Australia Post also plays a critical role in supporting small businesses and entrepreneurs through its e-commerce platforms and shipping solutions. As a government entity, it is committed to social responsibility, ensuring equitable access to its services across the diverse Australian landscape.<br><br>Despite challenges such as declining letter volumes, Australia Post continues to diversify its offerings, focusing on sustainability initiatives and enhancing customer experience to remain a vital part of Australia’s economy and everyday life.<br><br><a style="color:rgb(51, 51, 51);display:inline;" target="_blank" href="https://auspost.com.au/"><u>https://auspost.com.au/</u></a><span></span><br><br><br>Whilst AusPost has signed a 3 year lease, this is only due to their funding. The property was advertised for only 3 weeks before AusPost quickly signed a lease. They know how rare these types of properties are in South Australia after looking for some time. This shows the strength of demand a property like this has. AusPost are expected to be operate on site for many years to come as they utilise this sensational location to distribute across the state.
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Rental Comparisions: 3 Bushman Court, Pooraka - 5,908sqm - $127/sqm (NLA Incl canopy) 265-269 Cormack Road Wingfield - 5,990sqm - $120/sqm (Number withheld) Wilkins Rd, Wingfield - 6,212 sqm - $145/sqm (New Build) (Address withheld) Direk - 8,455sqm - $135/sqm (New Build) Goldsborough Industrial Estate, Pooraka - 13,733sqm - $135/sqm Sale Comparisions: 3 Bushman Court, Pooraka - 5,908sqm - $2,158/sqm (NLA Incl canopy) 28-32 Grove Avenue, Marleston - 3,583sqm - $2,886/sqm 25 Naweena Road Regency Park - 3,450sqm - $3,125/sqm (May 2023) 41-43 Jonal Drive Cavan - 2,221sqm - $2,476/sqm (Aug 2022) Replacement Costs: 3 Bushman Court, Pooraka - 5,908sqm - circa $2,600/sqm (NLA Incl canopy) = $15,360,000
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Purchase Price: $12,750,000<br>Net Yield: 5.88%<br><br>Annual Rental Increase in July of 4%<br>July 2025 Net Yield: 6.12%<br><br>No Stamp Duty: $695,000 Savings<br><span style="font-weight:normal;">True Net Yield at 1st July 2025: 6.42%</span><br><br><span style="font-weight:normal;">IF NOT SOLD, PURCHASE PRICE TO BE INCREASED IN JULY TO $13,265,000 ($515,000)</span><br><br><span style="font-weight:normal;">Site Area - Large secure, sealed site of 11,880 square metres* (1.188ha) </span><br><br><span style="font-weight:normal;">Building Area - Diverse industrial facility of 5,908 square metres* (warehouse sqm, office sqm, canopy sqm)</span><span style="color:rgb(51, 51, 51);font-weight:normal;"> High clearance warehouse of 4,172 square metres* with multiple roller door access </span><br><br><span style="color:rgb(51, 51, 51);font-weight:normal;">Replacement Cost - The purchase price is positioned well underneath replacement costs protecting the asset from new builds completing against this property for years to come. (See financial details below)</span><br><br><span style="color:rgb(51, 51, 51);font-weight:normal;">Loading Access - Extensive canopy/ finger docks of 1,540 square metres* </span><br><br><span style="color:rgb(51, 51, 51);font-weight:normal;">Prime Industrial Location - Situated in the heart of the inner-northern industrial suburbs, offering excellent connectivity to road, rail, and port infrastructure.</span><br><br><span style="font-weight:normal;">Leased Investment - Leased to triple A covenant of AusPost. Due to funding the tenant can only sign a 3 year lease however limited supply of these quality industrial properties of this size in SA will create moving very difficult.</span><br><br><span style="font-weight:normal;">Property Demand - Only being vacant for 3 weeks before AusPost signed their lease with no incentive needed. First time being vacant over the past circa 20 years. </span> The leasing market in metro SA is still showing historic low vacancy rates (circa 1.3%), in particular in buildings above 5,000sqm in both A & B grade assets. <br><br><span style="color:rgb(51, 51, 51);font-weight:normal;">Expansive High-Clearance Warehouse - 9m to 11.8m clearance, Dado construction with 2.8m concrete walls and metal cladding above, providing durability and efficiency.</span><br><br><span style="color:rgb(51, 51, 51);font-weight:normal;">High-Quality Office Accommodation - Includes male and female amenities, a lunchroom, outdoor area, and a former counter sales space.</span><br><br><span style="font-weight:normal;">Parking - On-site car parking and sealed hardstand </span><br><br><span style="font-weight:normal;">B-Double Access - B-double rated access from Diagonal Road </span><br><br><span style="color:rgb(51, 51, 51);font-weight:normal;">Efficient Loading & Access - Features four recessed finger loading docks, each with an automated roller door, plus an at-grade roller door for warehouse access.</span><br><br><span style="font-weight:normal;">Office Accommodation - Self-contained office accommodation of 196 square metres* with amenities </span><br><br><span style="font-weight:normal;">Zoning – strategic Employment zone within the City of Salisbury</span><br><br><span style="font-weight:normal;">Zero Stamp Duty - No stamp duty in South Australia for non-residential transaction (circa $700k saved)</span><br><br><span style="font-weight:normal;">Large Secure Concrete Yard - Ample space for loading, unloading, and external storage, enhancing operational flexibility.</span><br><br><span style="font-weight:normal;">ESFR Sprinkler System & LED Lighting - Full Early Suppression Fast Response (ESFR) sprinkler system and high-bay LED lighting throughout the warehouse and canopy.</span><br><br><span style="font-weight:normal;">Extensive Canopy Coverage - Provides weather protection over the loading docks, improving efficiency and safety.</span><br><br><span style="font-weight:normal;">Enhanced Security Features - Brand-new alarm system linked to automated gates for superior security.</span><br><br><span style="font-weight:normal;">Well-Maintained Presentation - Features landscaped gardens and a professionally maintained exterior, making it a standout facility.</span><br><br><span style="font-weight:normal;">Ideal for Industrial, Logistics, or Warehousing - A highly versatile property suited to a wide range of operations.</span>
