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Danks State Office, 1 Endeavour Drive Port Adelaide, SA 5015

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Danks State Office, 1 Endeavour Drive,
Port Adelaide, SA 5015

Warehouse, Factory & Industrial • Offices • Showrooms & Large Format Retail

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Danks State Office - Brand New Lease to Woolworths Subsidiary

  • Brand new lease to Woolworths Subsidiary
  • Strategic corner location
  • Significant 1,281m2* site
Brand new 5+5+5+5 year Lease to blue chip tenant, John Danks & Son Pty Ltd 67% owned by Woolworths and 33% by Lowes (USA).
Modern freestanding 2 level office warehouse building of 438m2* with 12 cars on title.
1,281m2* corner site located in important commercial industrial precinct amongst Aust Post, One Steel etc.
Strategic location 11kms from Adelaide CBD provides excellent access to major arterials.
Single tenant minimum management investment.
Danks: 150 year old business incorporating brands Home Timber & Hardware, Thrifty Link and Plants Plus Gardens Centres.
Rents reviewed annually to CPI capped at 3.5%, with market reviews capped and collared at 10% at commencement of option periods.
Attractive net Lease structure with tenant responsible for Rates, Taxes, Building Insurance, Repairs and Maintenance.
Commencing Net Rent: $57,000 p.a.
Port Adelaide: South Australia’s major commercial industrial precinct and port.

Property ID: 500703931Last Updated: 19 May 2016

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Port Adelaide, SA 5015
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