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.
The size of Wingfield is approximately 7.0 square kilometres. It has 3 parks covering nearly 12.3% of total area. The population of Wingfield in 2016 was 478 people. By 2021 the population was 440 showing a population decline of 8.0% in the area during that time. The predominant age group in Wingfield is 50-59 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 trades occupation.In 2021, 61.50% of the homes in Wingfield were owner-occupied compared with 61.90% in 2016.
Wingfield has 1,451 properties. Over the last 5 years, Houses in Wingfield have seen a 115.15% increase in median value. As at 31 March 2026:
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