26-34 Caribou DriveDirek SA 5110
Property Details for 26-34 Caribou Dr, Direk
Last Listing description (March 2021)
JLL Capital Markets Industrial & Logistics team as exclusive selling agents have the pleasure in offering for sale an exceptional investment opportunity at 16-26 Caribou Drive, Direk SA
Comprising a state-of-the-art facility within the highly sought after cold storage sector, the site is occupied by national operator RAND Transport with 15 years remaining on the initial lease term.
Key Investment Highlights include:
15 year WALE (as at 5 September 2020)
Fully leased to national tenant Head Lease guaranteed by Automotive Holdings Group (AHG), which is 100% owned by ASX Listed Entity AP Eagers Limited (ASX:APE)
Food related tenant resilient, non-discretionary food sector
Fixed annual 3.5% rental increases throughout the term of the lease provides attractive running yield
Rental income of $3,588,682* p.a. net (as at 5 September 2020)
Modern, high clearance improvements constructed circa 2013 and extended in 2015
Building area of 11,113.3* square metres
Significant land holding of 5.86* hectares, with future development potential given low site coverage of approximately 19%
Outstanding access dual street frontage to Caribou and Pilatus Drives, with multiple ingress/egress points and full drive around capabilities
Excellent connectivity to major road infrastructure including Highway 1 and recently completed Northern Connector
*approx.
For Sale by Expressions of Interest closing Wednesday 5 August 2020 at 4pm (AEST).
Property History for 26-34 Caribou Dr, Direk, SA 5110
- 16 Apr 2024Sold for $61,050,000
- 14 Dec 2020Sold for $63,050,000
- 06 Jul 2020Listed for Sale Contact Agent
Commute Calculator
Recent sales nearby
See more recent sales nearby/assets/perm/hdbyrrgq7mi6zg4ugf6rerpafq?signature=eb2fd4fae7d582ccfdbeb7b4cbf5f714deaa0a368f9054d58e090f4a949dc2b8){kind=logo}
0/assets/perm/a233a37lqii6zk53gghgipd5ty?signature=4dc1844e946931140c660d1ed35c234e3b76bc45353392fbbe532e7c02a40ad3){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
About Direk 5110
The size of Direk is approximately 2.4 square kilometres. It has 4 parks covering nearly 4.3% of total area. The population of Direk in 2011 was 6,152 people. By 2016 the population was 684 showing a population decline of 88.9% in the area during that time. The predominant age group in Direk is 20-29 years. Households in Direk are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Direk work in a trades occupation. In 2011, 72.2% of the homes in Direk were owner-occupied compared with 53.5% in 2016.
Direk has 489 properties. Over the last 5 years, Houses in Direk have seen a 90.67% increase in median value. As at 31 December 2024:
- The median value for Houses in Direk is $633,583 while the median value for Units is $749,332.
- Houses have a median rent of $480.
Suburb Insights for Direk 5110
Market Insights
Direk Trends for Houses
N/A
N/A
View TrendN/A
N/A
Direk Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2025 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
