700-706 Port Road, Beverley
An incredibly rare opportunity to acquire one hectare of inner suburban land on a key arterial road has hit the market, in one of Adelaide’s best landbank offerings of 2025.
McGees Property’s Yee Ng, James Juers and Simon Lambert are marketing 700-706 Port Road, Beverley via Expressions of Interest closing Thursday, 6 November at 4pm on behalf of a private owner.
Expectations are of $12 million to $13 million.
The prime 10,764sqm site is just six kilometres from the CBD centre and boasts three street frontages with exposure to daily passing traffic of 41,100 vehicles, and is zoned Employment/Strategic Employment.
It comprises a 7,000sqm office and warehouse facility that is fully leased to The Wholesale Furniture Co on a 3+3-year term returning a passing gross rental of $550,000 per annum.
“This is an incredibly rare opportunity to acquire one hectare of inner Adelaide land,” Ng said.
“Truly irreplaceable, it’s one of inner Adelaide’s very few remaining large-scale development opportunities. It ticks all the boxes – flexible zoning, high exposure to tens of thousands of vehicles each day, and excellent accessibility.
“We’re expecting local, national and offshore interest from investors, land bankers and developers.”
Juers said, “Buyers have the chance to invest in the property and capture a strong income stream from a lease to a quality tenant, and assess their options for the site going forward.
“The site’s favourable zoning makes it suited to a range of business operations and redevelopment options that include warehousing, logistics estates, showrooms and mixed-use projects.
“Notably, it comes to the market at a time in which Adelaide is experiencing the most significant industrial land shortage in Australia, amid ongoing growing demand for sizeable, accessible sites propelled by activity in a number of high-performing local industries.”
Lambert said the strategically located property offered exceptional connectivity to and from Port Adelaide and the Adelaide CBD via Port Road, and north-south connectivity via nearby Holbrooks Road and South Road. Kilkenny train station is also just moments away.
For more information contact the exclusive selling agents:
Yee Ng on yng@adl.mcgees.com.au or 0402 715 883
James Juers on jjuers@adl.mcgees.com.au or 0438 442 909
Simon Lambert on slambert@adl.mcgees.com.au or 0408 846 999
View listing: 700-706 Port Road, Beverley | McGees Property Adelaide