15 William Street
Mile End South, SA 5031

Overview

Inner-West Industrial Investment - Income Today. Upside Tomorrow

This commercial property at 15 William Street, Mile End South, South Australia, presents a rare opportunity to acquire a leased inner-west industrial investment in one of Adelaide's most tightly held and strategically positioned commercial precincts. The property is offered for sale by public auction on-site at 11:00am on Friday 12 June 2026.

The site comprises approximately 697 square meters of land, featuring a functional combination of office and warehouse spaces. The front office area measures approximately 132 square meters, providing practical and professional workspace. The rear warehouse spans approximately 360 square meters and includes a mezzanine level, offering additional storage or operational space.

Currently, the property generates a passing net income of approximately $85,000 per annum, making it an attractive investment with immediate income potential. Beyond its current use, the property offers genuine future flexibility for various options including updating, owner occupation, investment, land banking, or redevelopment, subject to obtaining the necessary consents.

Located about 3 kilometers west of the Adelaide Central Business District, Mile End South is a sought-after inner-west industrial location. The area benefits from excellent connectivity to major transport routes such as South Road, Henley Beach Road, Sir Donald Bradman Drive, and proximity to Adelaide Airport and the CBD, enhancing its appeal for commercial and industrial activities.

The property is zoned Strategic Employment (SE), which supports a broad range of employment-generating uses. These include warehouse, workshop, logistics, trade, service, light industrial, and associated commercial activities, subject to relevant approvals. This zoning provides versatility for potential buyers or investors looking for a property with diverse usage possibilities.

Key Features:

• Land area approximately 697 square meters
• Front office area approximately 132 square meters
• Rear warehouse approximately 360 square meters plus mezzanine
• Passing net income approximately $85,000 per annum
• 19.98 kW state-of-the-art solar power system installed
• Electric gates and electric roller door for secure access
• Zoned Strategic Employment (SE) for a variety of commercial uses
• Functional office, warehouse, and mezzanine improvements
• Located in a tightly held inner-west industrial precinct
• Excellent access to the CBD, airport, and major arterial roads
• Potential for updating, occupation, investment, land banking, or redevelopment
• Strong appeal to investors, occupiers, developers, and land bankers

Location:

Mile End South is an established inner-western industrial and commercial precinct located just minutes from the Adelaide CBD. The location continues to attract strong demand from trade, service, logistics, light industrial, and commercial users due to its central position and connectivity to key transport corridors. With limited availability of industrial land in Adelaide's inner-west, properties of this scale and zoning are becoming increasingly difficult to secure.

Investment Appeal:

15 William Street offers a compelling combination of income, location, and future upside. For investors, the property provides immediate net income in a tightly held precinct. For future owner-occupiers, it offers a strategic CBD-fringe base with practical office and warehouse accommodation. For developers and land bankers, the underlying landholding and Strategic Employment zoning provide future flexibility, subject to the necessary consents.

Auction Details:

The property is for sale by public auction, to be held on-site at 11:00am on Friday 12 June 2026. Interested parties are encouraged to undertake their own independent enquiries to verify all information provided.

Location