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CBRE - South Australia (RLA 208125)

193-197 & 198 Waymouth Street Adelaide, SA 5000

193-197 & 198 Waymouth Street,
Adelaide, SA 5000

Development Sites & Land • Shops & Retail • Offices

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CBRE - South Australia (RLA 208125)
Rhyce Scott
Harry Einarson
Ned Looker

CBRE - South Australia (RLA 208125)

Level 5, 151 Pirie Street
ADELAIDE, SA 5000
CBRE - South Australia (RLA 208125)
193-197 & 198 Waymouth Street
Adelaide, SA 5000

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WHERE ELSE BUT WAYMOUTH?

  • Total site area of 1,917sqm*
  • Offered with holding income
  • Close proximity to Universities
CBRE Metropolitan Investments are excited to present to market the next logical site in the continued development of the western end of the Adelaide CBD.

The west of Adelaide’s CBD has gone from strength to strength over the past few years as the Biomedical Precinct and Universities continue to grow and evolve. Located in close proximity to this exciting hive of activity, 193-197 and 198 Waymouth Street is perfectly located to capitalise on this current growth.

Having been occupied by Koorong Books since 1998, the existing improvements on 198 Waymouth Street total roughly 1,349sqm* of retail showroom on 1,374sqm* of land. Directly across the road is 193-197 Waymouth Street which consists of 19 car parks on 543sqm* of land.

Offered in one line or individually, the site has holding income until the end of June 2024. For groups looking to redevelop the property earlier there are vendor favourable redevelopment clauses contained in the lease.

With a successful apartment project already coming out of the ground next door, 193-197 and 198 Waymouth Street is a site not to be missed.

Other key highlights include:
• Total site area of 1,917sqm*
• Offered with holding income until June 2024
• Zoned Capital City allowing up to 43m* of development
• Close proximity to Biomedical Precinct and Universities
• Over 40m* of total frontage to Waymouth Street
• No stamp duty applicable

193-197 and 198 Waymouth Street, Adelaide are offered for sale in one line or individually

Please contact the sole marketing agents with any other questions:
Harry Einarson: +61 421 747 4...
Ned Looker: +61 448 689 5...
Rhyce Scott: +61 422 960 5...

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Property ID: 504119391Last Updated: 27 Mar 2023

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