OFF MARKET

54 Francis Road
Wingfield SA 5013

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4048m2
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Property Details for 54 Francis Rd, Wingfield

Building Type
Commercial
Land Size
4048m2
Local Government
Port Adelaide Enfield
Lot/Plan
A1/F10138

Last Listing description (December 2022)

Colliers is pleased to present to the market 54 Francis Road, Wingfield for sale.

Improvements to the property include an office/workshop facility of 2,393 square metres* on a significant land holding of 4,027 square metres* in the heart of Adelaide's inner north industrial precinct.

The property is leased to Defence Coating Systems at a current net rental of $163,100 per annum* plus GST plus Outgoings on a 5 + 3 year lease from 1 November 2021.

The property is positioned 14 kilometres* north of the Adelaide CBD, within Adelaide's established inner northern industrial precinct offering convenient access to Port Adelaide and the Northern Connector.

Features of the property include:
- Total building area of 2,393 square metres*
- Site area of 4,027 square metres*
- Close proximity to major northern arterial road networks
- Air-conditioned offices over two levels
- Multiple access points to warehouse
- Zoned Strategic Employment in the City of Port Adelaide Enfield
- Ample car parking/side yard
- Secure site with lock-up gate
- No Stamp Duty payable

Lease details:
Lessee: Defence Coating Systems
Current Rent: $163,100 per annum* plus GST plus Outgoings
Lease Term: 5 + 3 year lease from 1 November 2021
Rent Reviews: 3% Annually, Market Review on Renewal

For more information or to arrange an inspection, please contact the sole exclusive listing agents at Colliers.

*Approximately.
**Outlines indicative only.

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Property History for 54 Francis Rd, Wingfield, SA 5013

A timeline of how this property has performed in the market
Last Sold
$2,975,000
05 Dec 2022
  • 05 Dec 2022
    Sold for $2,975,000
  • 05 Aug 2022
    Listed for Sale Please contact agent
  • 02 May 2006
    Listed for Sale Not Disclosed
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About Wingfield 5013

The size of Wingfield is approximately 7 square kilometres. It has 3 parks covering nearly 12.3% of total area. The population of Wingfield in 2011 was 471 people. By 2016 the population was 465 showing a population decline of 1.3% in the area during that time. The predominant age group in Wingfield is 40-49 years. Households in Wingfield are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wingfield work in a labourer occupation. In 2011, 65.2% of the homes in Wingfield were owner-occupied compared with 61.9% in 2016.

Wingfield has 1,435 properties. Over the last 5 years, Houses in Wingfield have seen a 112.25% increase in median value. As at 31 October 2024:

  • The median value for Houses in Wingfield is $621,689 while the median value for Units is $370,363.
There are currently 1 property listed for sale, and 6 properties listed for rent in Wingfield on OnTheHouse. According to CoreLogic's data, 48 properties were sold in the past 12 months in Wingfield.

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