Industrial

Property ID: 386048

 

LONG WALE NET LEASE TO ASX LISTED COMPANY

26 Butler Boulevard, Adelaide Airport, SA 5950

26 Butler Boulevard, Adelaide Airport comprises a modern high quality industrial facility situated within Burbridge Business Park infrastructure precinct. The asset is underpinned by a strong lease covenant to ASX listed Boart Longyear (ASX:BLY) with a remaining lease term of 9.7 years (as at 1 March 2021).
Features include:
- Substantial landholding of 14,716sqm (approx.)
- Fully sprinklered facility
- Quality two level office accommodation
- 6,834sqm (approx.) GLA
- Surrounded by quality occupiers
- Strategic Adelaide Airport location only 8kms (approx.) west of the Adelaide CBD
- Contract rent of $1,271,304 pa net (approx.) (before non-recoverable ground rent)
- No Stamp Duty payable
Expressions of Interest closing Thursday 25th March 2021 at 4pm (ACDT).
*Approximately

For Sale

Contact Agent

Jordan Kies

Rory Hilton