225 North Terrace
Adelaide, SA 5000
Knight Frank - Adelaide (RLA 199257)
Level 25 Westpac House, 91 King William StreetADELAIDE, SA 5000
Map of 225 North Terrace
Train stations within 5 km of 225 North Terrace, Adelaide, SA 5000 Distance Adelaide Railway Station 618 m Adelaide Central Station 625 m Mile End Station 2.2 km Adelaide Parklands Terminal Station 2.7 km North Adelaide Station 2.7 km POWERED BY HERE ©Tram stops within 5 km of 225 North Terrace, Adelaide, SA 5000 Distance Tram Rundle Mall 377 m Tram Pirie St 510 m Adelaide Railway Station 618 m Tram City West 1 km Tram City South 1.2 km POWERED BY HERE ©Bus stops within 5 km of 225 North Terrace, Adelaide, SA 5000 Distance T1 North Tce - South Side 84 m B1 Pulteney St - East Side 126 m G1 North Tce - North Side 129 m Y1 Pulteney St - West Side 137 m B2 Pulteney St - East Side 167 m POWERED BY HERE ©
POWERED BY HERE ©
HIGH YIELDING CAR PARK ASSET
- CORE ADELAIDE CBD LOCATION
- ZERO STAMP DUTY
- 97% LEASED TO LONG TERM TENANTS
With 80% of people in Adelaide driving to work and one of the most accessible car parks in the Adelaide CBD, 225 North Terrace is perfectly located to provide convenient parking for shopping, dining, business, universities, cultural experiences and entertainment seekers.
- 97% leased with long term leases to anchor tenants Wilson Parking Australia and David Jones Limited.
- $7.495M pa estimated fully leased net income.
- 4.43-year WALE by gross income with owner option renewal.
- 1,206 car parking bays.
- Basement, ground and first floor retail accommodation of some 4,180sqm within the Charles Street Plaza.
- Only 50 metres (approx.) from Rundle Mall.
For Sale by Expressions of Interest closing 4pm (ACDT) Thursday 3 December 2020.
- 97% leased with long term leases to anchor tenants Wilson Parking Australia and David Jones Limited.
- $7.495M pa estimated fully leased net income.
- 4.43-year WALE by gross income with owner option renewal.
- 1,206 car parking bays.
- Basement, ground and first floor retail accommodation of some 4,180sqm within the Charles Street Plaza.
- Only 50 metres (approx.) from Rundle Mall.
For Sale by Expressions of Interest closing 4pm (ACDT) Thursday 3 December 2020.
Property ID: 503697458Last Updated: 12 Jan 2021
Agency contacts
Knight Frank - Adelaide (RLA 199257)Level 25 Westpac House, 91 King William Street
ADELAIDE, SA 5000View agency profile
ADELAIDE, SA 5000View agency profile
Oliver Totani
Guy Bennett
Ian Thomas
Alistair Laycock
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