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Leedwell Property - Adelaide (RLA 222531)

162-164 Wakefield Street & 139 Ifould Street Adelaide, SA 5000

Directions

162-164 Wakefield Street & 139 Ifould Street
Adelaide, SA 5000

Development Sites & Land

Price information

Sale

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Land area

739.0m²

Zoning

Capital City

Tenure type

Vacant Possession

0411 *** ***
Leedwell Property - Adelaide (RLA 222531)
162-164 Wakefield Street & 139 Ifould Street
Adelaide, SA 5000
Peter Gambranis

Leedwell Property - Adelaide (RLA 222531)

136 Greenhill Rd
UNLEY, SA 5061

Map of 162-164 Wakefield Street & 139 Ifould Street

Directions

2 CBD Development Sites “diamond in the rough” opportunity

  • Frontages to Wakefield & Ifould St
  • Zone Capital City
  • Fabulous multifaceted opportunity
Within 1km of CBD, Rundle Mall and Central Market, 200m* from the new Calvary Adelaide Hospital and on one of Adelaide's premier tree lined Boulevards these two adjoining sites provide a strategic and outstanding development opportunity.

Considerations and features of this offering:

• Unlock enormous potential to capitalise on the recent landmark developments of the Calvary Adelaide Hospital, apartment and commercial towers in Wakefield and adjacent Flinders Streets. All within walking distance to the citys major precincts CBD, Rundle Mall, Central Market, East End, Adelaide Uni, Uni SA East Campus and Adelaide’s new Space Agency.
• Well suited for commercial, hotel, accommodation or apartment development within the developing City East.
• Combined site area of 738.5sqm* | Wakefield St – 413sqm*, Ifould St – 325.5sqm*
• Two street frontages offering versatile built form options. Adjoining heritage church offers potential to exploit a wider vistas on higher levels and unique ground floor association.
• Capital City Zone provides an opportunity for construction up to 53m, approximately 16-17 levels.
• The properties are currently utilised as a public carpark which is leased by Park Fast providing a valuable gross income of $70k + and subsequently a positive holding income of $50k +. The agreement allows for 6 months’ notice to terminate and proceed to develop the property.


*Approx.

Property ID: 503336882Last Updated: 6 Dec 2019

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Peter Gambranis

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Peter Gambranis
Leedwell Property - Adelaide (RLA 222531)
162-164 Wakefield Street & 139 Ifould Street Adelaide, SA 5000

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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  • Peter Gambranis

    Peter Gambranis

    Leedwell Property - Adelaide (RLA 222531)
    0411 *** ***