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South Australia 

IKEA Adelaide Airport For Sale, Expected to Fetch $50 Million

July 10, 2011 Marc Pallisco Adelaide Airport, Adelaide Bulky Goods, Adelaide Retail Sale, IKEA

IKEA pays a current net rent of about $4.8 million per year. Rent is reviewed to CPI plus 1 per cent. IKEA is responsible for the building’s outgoing and capital expenditure costs, according to the AFR which reported the listing.

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  • ← Costco Chooses Canberra For Third Australian Store
  • Half Share of Perth’s QV1 Tower Selling For More Than $300 Million →

Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.

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