Meyer Road is an industrial holding in Lonsdale, a core industrial precinct around 25 kilometres south of the Adelaide central business district, on a combined site of 4.9 hectares. A build-to-suit facility leased to Packers and land for a staged industrial estate sit side by side.
Two holdings sit together on Meyer Road. On the first, Parkstone has delivered a new site for a 5,000 sqm showroom and warehouse for Packers, a South Australian business making commercial aluminium windows, doors and joinery since 1967, on a ten-year lease. The second, larger holding carries a tenant in the near term and is planned for a staged subdivision into nine industrial allotments, ranging from around 2,500 to 7,000 sqm. Lonsdale is one of Adelaide’s established southern industrial areas, with direct access to Dyson Road and the Southern Expressway. Industrial land in a serviced, well-connected precinct is the kind of demand that holds up through a cycle.
