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Facts have proved that this Wingfield property at 239 South Tce is very popular with potential buyers. Image: realcommercial.com.au
It appears to be nothing more than a large shed in the industrial suburb of Adelaide, but it has proved to be very popular among potential buyers.
The Wingfield site with warehouse is located at Chapter 239 It is the third largest commercial property in the country that was listed for sale on realcommercial.com.au last week.
Leedwell Property agent Jamie Forwood said that he and other sales agents Cameron Giles knew it would attract some people, but they were not prepared for the level of interest it would attract.
It is located in a 564 square meter block and includes a small office and bathroom facilities. Image: realcommercial.com.au
It also has rolling shutters at both ends. Image: realcommercial.com.au
“We expect a lot of people to come out of wood products, but it’s definitely much more than we expected,” he said.
“Keep up with interest, this is a daily task.”
The warehouse covers an area of 564 square meters, with rolling doors at both ends, including a small office and bathroom facilities.
It can also be accessed from Leeds Street and South Tce, about 15 kilometers from the Central Business District.
Before the auction on July 22, its advertised price was $5 million.
Mr. Forwood said that it has proven to be popular for several reasons.
The venue can be accessed from Leeds St and South Tce. Image: realcommercial.com.au
“For a long time, there really was no supply of this nature,” he said.
“Its price is also affordable.”
He said it would suit businessmen, including builders and electricians, who need a small warehouse that does not “spend the earth.”
“The vast majority of people are business owners who fit this description,” he said.
“They don’t need anything too flashy, they just need functionality.”
He said that investors also see it as a leasing opportunity.
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