Credentials
Treasury Wine Estates National Distribution Centre
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Acquired: 2021
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44.687 m²
Prime distribution centre situated close to key transport infrastructure.
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Logistics centre at a strategically favourable location

The distribution centre is located in Penfield on the northern outskirts of Adelaide. It opened in 2014 with an operating area of 22,000 sqm. In 2018, a $30 million expansion was completed, and the complex comprises two buildings with a total of 45,000 sqm since, plus excess development land across a total of 10.95 ha. The domestic and international distribution centre has immediate access to the SCT Penfield Rail Freight Centre, which provides direct access to Port Adelaide and onwards to Melbourne, Perth and Darwin. 

Key Facts

 

  • Operating since 2014

  • Expansion in 2018

  • Now two buildings with a total of 45,000 sqm

  • Development land across a total of 10.95 ha

  • Fully let to listed company until 2030

Sought after & in demand

Factors that make the property plus the to-be-developed land highly sought after: In Australia, high-quality logistics properties with solid leases and close proximity to major transport infrastructure are generally relatively rare, and the demand is accordingly high. The distribution centre is fully let to the listed company Treasury Wine Estates, which uses the property as its national distribution centre. Treasury Wine Estates‘ is on a lease that still runs until 2030.