279 Grote Street, Adelaide, SA 5000

Development/Land

For Sale Contact Agent

  • Property ID: 388241
  • Floor Area: 3730m²
  • Land Area: 4800m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
SIGNIFICANT CBD DEVELOPMENT SITE

CBRE are pleased to present to the market this significant CBD development site – 279 Grote Street, Adelaide available via an Expression of Interest campaign closing 4pm Thursday the 15th of April 2021 (ACST). Located within the premier western precinct, this is a strategic development site that benefits from the significant surrounding infrastructure including the new Royal Adelaide Hospital, China Town and The Adelaide Central Markets. With a total site area of 4,803sqm* and Capital City zoning, the opportunities are endless. Key investment highlights include:
• 4,803 sqm* site area over two titles
• Frontages of 46.6m* to Grote Street and 12.2m to West Tce
• Access also available from Gouger Street
• Three level existing showroom of 3,730sqm
• Zoned Capital City allowing up to 53 metres (S.T.C.C)
• Holding income from car park agreement
The Vendor has provided clear instruction that this property must be sold. Act quickly so as not to miss out.
FOR SALE VIA EXPRESSION OF INTEREST CLOSING 4PM THURSDAY 15TH APRIL 2021
*Approximately.
Please contact the listing agents for more information.

Adelaide Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $414 ---
Industrial --- $250 ---
Offices $4375 $602 13.77%
This is the average advertised price, rent and yield for Adelaide, SA 5000*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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