New Lease to South Australian Government | High Security Vehicle Impound Facility
Description
Burgess Rawson from CBRE are delighted to offer to market the ‘South Australian Government’ Vehicle Impound Facility at 8-10 King Street, Whyalla SA for sale via Investment Portfolio Auction 179.
The property has the following key investment highlights:
+ New Ten (10) Year net lease to South Australian Government to September 2035.
+ South Australia Police (SAPOL): law enforcement agency of the South Australian Government
+ Investor preferred net lease terms with tenant responsible for outgoings including land tax.
+ Fixed 3.5% annual rent increases ensuring income growth.
+ Brand new secure 1,500sqm* facility on a substantial 4,416sqm* freehold landholding.
+ Impressive capital-intensive construction including specialised infrastructure, machinery, high value hardstand and fencing.
+ The strength and future of the region is highlighted by recent $12m upgrade to Whyalla Airport, which is serviced by Qantas and Rex.
+ Stamp duty free investment.
+ Whyalla: SA’s largest city on the Eyre Peninsula, and the state’s third largest urban centre, a key service centre supported by mining operations, steelworks and deep-water port
+ Net Income: $185,000 pa* + GST
To be sold via Investment Portfolio Auction 179
10:30am AEST 16 September 2025
Garden Room, Crown Casino, Melbourne
Burgess Rawson & Associates Victoria Pty Ltd – RLA 327401
Shaun Venables – 0411 860 865
Beau Coulter – 0413 839 898
CBRE – South Australia – RLA 208125
Ned Looker – 0448 689 573
Belle Property Commercial Adelaide – RLA 287133
Phil Blows – 0439 035 001
*Approx
¹GapMaps
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Contact agents
Shaun Venables Partner
0411 860 865
Beau Coulter Partner
0413 839 898Enquiry Form
Whyalla, SA
8-10 King Street
- Sold Price: Contact Agent
This property was sold as part of Portfolio 179