A secure, income-producing industrial asset in one of Adelaide’s most coveted inner west precincts has been released to the market, with buyer interest expected to be strong given the scarcity of quality opportunities in this location.
The property at 86 Hardys Road in Torrensville is a modern, high-quality facility positioned just five kilometres from the Adelaide CBD and seven kilometres from Adelaide Airport, offering excellent connectivity and long-term land value fundamentals.
It is being taken to the market via an auction campaign run by Knight Frank agents Chet Al, Harrison Grice and Chris Clemente on behalf of the vendor.
Comprising 1,024 sqm of total gross lettable area on a 2,078 sqm freehold site, the property features a high-clearance warehouse, modern office accommodation, a high load mezzanine and efficient drive through access, complemented by 21 on site car parks.
The facility is fully leased to long established national operator Holyoake Air Management Solutions, providing $206,247 per annum plus GST in net income, with fixed annual rental increases and two further five-year options extending to 2039.
Mr Al said 86 Hardys Road represented an increasingly rare chance to secure an inner metropolitan industrial holding with offering secure income, a proven tenant covenant and long-term underlying land-value fundamentals.
“Positioned within close proximity to the Adelaide CBD and airport, the asset benefits from exceptional connectivity, strong occupier demand and limited future supply,” he said.
“Torrensville continues to be one of Adelaide’s most supply constrained industrial precincts, with occupier demand consistently outstripping available stock.
Properties of this scale and quality — so close to the CBD, airport and major freight corridors — are tightly held and seldom brought to market.
“With a proven national tenant in place, annual rental growth and underlying land scarcity, this asset offers investors the defensive qualities and long-term resilience the market is actively seeking.”
Mr Grice said the area’s connectivity and amenity continued to underpin sustained rental and capital growth.
“Torrensville’s accessibility to the CBD, Adelaide Airport and surrounding industrial hubs makes it one of the most strategically positioned precincts in metropolitan Adelaide.
“86 Hardys Road is perfectly positioned amidst Torrensville’s rich offering of retail, lifestyle and transport options. The vibrant Henley Beach Road strip – one of Adelaide’s best-known village high streets – is within walking distance, delivering a diverse mix of cafes, restaurants, boutique retailers and essential services.
“Investors recognise the strength of this location, and 86 Hardys Road stands out as a high quality, functional facility primed for long term performance.”
Established industrial occupiers in the surrounding area include PFD Food Services, Downer Group, Symbion and Kennards Hire.
86 Hardys Road in Torrensville will be auctioned on site at 11am (ACST) on Friday, April 24 2026.
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