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Knight Frank - Adelaide (RLA 199257)

225 North Terrace Adelaide, SA 5000

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225 North Terrace,
Adelaide, SA 5000

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Sale - Expression of Interest

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Knight Frank - Adelaide (RLA 199257)
225 North Terrace
Adelaide, SA 5000
Knight Frank - Adelaide (RLA 199257)

Knight Frank - Adelaide (RLA 199257)

Level 25 Westpac House, 91 King William Street
ADELAIDE, SA 5000

Map of 225 North Terrace

Directions
  • Train stations within 5 km of 225 North Terrace, Adelaide, SA 5000Distance
    Adelaide Railway Station618 m
    Adelaide Central Station625 m
    Mile End Station2.2 km
    Adelaide Parklands Terminal Station2.7 km
    North Adelaide Station2.7 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 225 North Terrace, Adelaide, SA 5000Distance
    Tram Rundle Mall377 m
    Tram Pirie St510 m
    Adelaide Railway Station618 m
    Tram City West1 km
    Tram City South1.2 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 225 North Terrace, Adelaide, SA 5000Distance
    T1 North Tce - South Side84 m
    B1 Pulteney St - East Side126 m
    G1 North Tce - North Side129 m
    Y1 Pulteney St - West Side137 m
    B2 Pulteney St - East Side167 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.

Property ID: 503697458Last Updated: 12 Jan 2021

Agency contacts

Knight Frank - Adelaide (RLA 199257)
Knight Frank - Adelaide (RLA 199257)
Level 25 Westpac House, 91 King William Street
ADELAIDE, SA 5000
View agency profile
CBRE - South Australia (RLA 208125)
CBRE - South Australia (RLA 208125)
Level 5, 151 Pirie Street
ADELAIDE, SA 5000
View agency profile
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Email enquiry

Oliver Totani

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Oliver Totani
Knight Frank - Adelaide (RLA 199257)
225 North Terrace Adelaide, SA 5000

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

Kind Regards,

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  • Oliver Totani

    Oliver Totani

    Knight Frank - Adelaide (RLA 199257)
    0412 *** ***
  • Guy Bennett

    Guy Bennett

    Knight Frank - Adelaide (RLA 199257)
    +61 *** ***
  • Ian Thomas

    Ian Thomas

    CBRE - South Australia (RLA 208125)
    +61 *** ***
  • Alistair Laycock

    Alistair Laycock

    CBRE - South Australia (RLA 208125)
    +61 *** ***