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Savills - Adelaide (RLA 1786)

139 Frome Street Adelaide, SA 5000


139 Frome Street,
Adelaide, SA 5000


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Sale - Expression of Interest

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Savills - Adelaide (RLA 1786)
Matt Holland
Luke Hoban

Savills - Adelaide (RLA 1786)

Level 2, 50 Hindmarsh Square
Savills - Adelaide (RLA 1786)
139 Frome Street
Adelaide, SA 5000

Map of 139 Frome Street

  • Train stations within 5 km of 139 Frome Street, Adelaide, SA 5000Distance
    Victoria Square Station837 m
    Adelaide Railway Station Tram Stop1.1 km
    Royal Adelaide Hospital1.9 km
    Mile End Station2.5 km
    Adelaide Parklands Terminal2.7 km
  • Tram stops within 5 km of 139 Frome Street, Adelaide, SA 5000Distance
    Tram Pirie St748 m
    Rundle Mall855 m
    Tram Victoria Square900 m
    City South1 km
    Tram Adelaide Railway Station1.1 km
  • Bus stops within 5 km of 139 Frome Street, Adelaide, SA 5000Distance
    E1 Pulteney St - East Side168 m
    H1 Wakefield St - North Side217 m
    D2 Pulteney St - East Side232 m
    S1 Grenfell St - South Side245 m
    U1 Pulteney St - West Side262 m

Fringe Office Building | Attention Owner Occupiers and Investors

  • 3,158sq m NLA*
  • Opportunity to owner occupy & reposition
  • Thriving East End CBD location
139 Frome Street is a prime CBD value add opportunity located in the bustling East End of Adelaide. Partially refurbished, the asset provides potential for both owner occupiers seeking a prominent CBD head office and/or value add investors seeking to capitalise on the strategic location and reposition upside.

The building was constructed in 1990 around a central dual lift core, offering excellent natural light and prominence to Frome Street with large 700sq m* floor plates providing flexible tenant options and layouts. Currently partly occupied providing a stable holding income.

Key Highlights:
• Excellent opportunity for complete refurbishment and/or repositioning
• Thriving East End precinct within walking distance to Rundle Street, Rundle Mall, Hutt Street and parklands
• 3,158sq m NLA over 5 levels including basement, typical floor plate of 700sq m
• The adaptable floor plates offer efficiency to split floors into multiple tenancies
• Prominent position within the East End providing over 36 metres of frontage
• 57% leased to Funk Coffee, Crawford Legal, Crawford IT, Smart Energy, Lend Lease and NextDC
• 26 basement car parks accessed via Sudholz Place
• Value buying at well below replacement cost
• Capital City zone – within the Adelaide City Council

139 Frome Street is for sale by expression of interest closing Thursday 20th June 2024 at 4pm ACST.

Property ID: 504592120Last Updated: 20 May 2024

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