Flexible Port Adelaide Warehouse/Factory Going to Auction

49 Webb Street, Port Adelaide 

Owner-occupiers, investors and future developers are all expected to compete for a high clearance warehouse site in prized Port Adelaide. 

McGees Property’s James Juers and Michael Dimasi are marketing 49 Webb Street, Port Adelaide, on behalf of a vendor who has owned and operated the property for a number of years. 

The property will go to auction on Thursday, 14 August at 11am on-site. 

Comprising a functional warehouse of 910sqm, plus a 92sqm mezzanine, with a high internal clearance of up to 7m, the property is on two Certificates of Title across 1,045sqm of site area and boasts dual street frontages of 46m to Webb Street and 25m to Langham Place. 

It is offered with a short-term holding income until January 2026. 

“We’re expecting interest from businesses looking to own their own premises, as well as investors and future developers,” Juers said. 

“Owner-occupiers will see this as a ready-to-go high clearance warehouse and factory with three-phase power. 

“Investors will note that tenants are focusing on well-located facilities in established industrial hubs that offer good access, quality warehousing, and flexibility. Port Adelaide is at the absolute heart of Adelaide’s industrial sector.” 

The highly accessible property is located moments from the intersection with Old Port Road, as well as Grand Junction Road and Port Road. 

“Further, this property can be occupied as one tenancy or split into multiple tenancies. Industrial sites with existing improvements that can be repositioned, upgraded, or redeveloped to maximise value over time are particularly sought-after currently,” Juers added. 

The property is zoned Housing Diversity Neighbourhood within the City of Port Adelaide Enfield with current industrial existing use rights. 

“This is a rare opportunity to acquire 1,045sqm of prime industrial land in a key logistical location,” Dimasi said. 

“Future developers will be able to acquire a site that is in-demand from tenants and secure a solid income stream while assessing their options for the property.”