For Sale
19-23 Cypress St Adelaide, SA 5000
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Land area
609.0m²
Floor area
630.0m²
Parking info
15-20 on site
Property extent
Whole
Zoning
Capital City
Tenure type
Tenanted Investment
Freestanding CBD office/warehouse building
19-23 Cypress Street, Adelaide comprises an affordable freestanding Torrens Titled office/warehouse building situated in the popular eastern side of the CBD in close proximity to the new Calvary Hospital.
The building provides approximately 630 square metres across a two storey office section to the front and a solid brick, high bay warehouse to the rear which is currently used for parking 15-20 vehicles.
Whilst being well-suited to owner-occupation or investment in the short term, the future development potential of the site cannot be understated. Comprising approximately 609 square metres over three titles, the property sits in the Capital City zone allowing for a broad range of uses up to 53 metres in height (subject to statutory consents).
The property is leased to APOSS until the end of June 2019, generating valuable holding income of approximately $5,500 per month (plus GST).
For sale by Expression of Interest closing 4pm Wednesday 6th March 2019.
For further information or to arrange an inspection, please contact exclusive selling agents JLL.
JLL RLA 1842
Property ID: 503094762Last Updated: 21 Feb 2019




JLL - Adelaide
25 Grenfell StreetADELAIDE, SA 5000
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JLL - Adelaide
25 Grenfell StreetADELAIDE, SA 5000
Jed Harley
Tom Bailey