Prime Edinburgh industrial site ripe for developers/occupiers

ADELAIDE, 2 April 2024 -A prime industrial site within one of Adelaide’s premier industrial locations offers timely opportunities for developers and owner-occupiers in an undersupplied market.

Located about 26 kilometres north-east of the Adelaide CBD, the Edinburgh property at Lot 137 Kaurna Avenue comprises a large vacant allotment of more than 2.1 hectares (21,710 square metres) under the Strategic Employment zoning.

The flexible zoning covers a range of industrial, logistical, warehousing, storage, research and training land uses together with compatible business activities.

The property is exceptionally advantaged by its close proximity to major arterials including the Northern Expressway, the Northern Connector and the Port River Expressway.

Martin James, JLL’s Head of Logistics & Industrial in South Australia, said the property would be keenly sought in a market short of prime development opportunities and quality stock in the hottest industrial market in a decade.

“The property offers developers and owner-occupiers a great opportunity to purchase in a coveted, strategic location at time when the industrial market continues to outperform other sectors and demand for such sought-after sites is at a premium,” he said.

“The fact that the location has attracted the likes of Coles, Inghams, Bridgestone and La Casa Del Formaggio, among others, underscores its popularity among first-tier companies for whom transport accessibility is an essential requirement.”

Mr James, who is marketing the property with JLL Director, Logistics and Industrial Kym Hutchins, said Edinburgh was recognised as one of Adelaide’s premier northern industrial locations with approved heavy-vehicle access and the flexible Strategic Employment Zone allowing for a range of potential uses.

Mr Hutchins added that while warehousing, 3PL, logistics, cold storage and food manufacturing would make for the most likely uses, purchasers were not limited to those choices.

“Developers and owner-occupiers will appreciate the opportunity to buy a well-located and easily accessible site in a market short on both serviced allotments and quality stock,” he said.

“Opportunities like this in the current climate with a zoning regime providing such a vast number of development options are hard to come by and, as such, the campaign should drive a high level of interest.”

Mr Hutchins said the property also offered excellent site access facilitating construction works and providing tenants with greater design flexibility. He said the close proximity to amenities and retail services was an added bonus.

The property is currently for sale with an asking price in excess of $5.5million.