6 Priority CourtEdinburgh North SA 5113
Property Details for 6 Priority Ct, Edinburgh North
Last Listing description (May 2022)
PLEASE NOTE: 6 Priority Court, Edinburgh North is under Contract.
Highly functional improvements with a gross lettable area of 5,257sqm (approx) and 10m (approx) high clearance in the main warehouse. The warehouse includes two 16 Tonne (approx) & one 5 Tonne (approx) Gantry Cranes. Edinburgh North is home to the new Drakes Distribution Centre which is only some 300 metres away, plus the RAAF Defence base (second largest in Australia) and other majors users such as BAE Systems, Grace Removals.
- Diversified income with staggered lease expiries
- Combined Net Passing income $315,895 pa (approx)
- Tenant 1: Eastern States Engineering Pty Ltd with lease expiring 31 December 2025 with a further 5-year option period
- Tenant 2: Hallett Concrete Pty Ltd with lease expiring 30 June 2024 with two further 5- year option periods
- Low site coverage ratio of 28.7% (approx)
- No Stamp Duty Payable
The Northern Expressway is some 4kms (approx) west providing direct access to Adelaide and Port Adelaide.
*approx
Property History for 6 Priority Ct, Edinburgh North, SA 5113
- 10 Mar 2022Sold for $5,275,000
- 29 Oct 2021Listed for Sale Contact Agent
- 02 Sep 2019Listed for Rent - Price not available
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0About Edinburgh North 5113
The size of Edinburgh North is approximately 2.6 square kilometres. It has 5 parks covering nearly 4.3% of total area. The population of Edinburgh North in 2006 was 2,884 people. By 2011 the population was 3 showing a population decline of 99.9% in the area during that time. The predominant age group in Edinburgh North is 20-29 years. Households in Edinburgh North are primarily couples with children and are likely to be repaying $550 - $749 per month on mortgage repayments. In general, people in Edinburgh North work in a labourer occupation..
Edinburgh North has 205 properties. As at 31 October 2024:
- The median value for Houses in Edinburgh North is $820,025.
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