34-38 Wright Court Adelaide, SA 5000
Opportunity in Adelaide’s Chinatown precinct
Situated in one of the most tightly held precincts in Adelaide, this property presents an outstanding opportunity for buyers to secure their piece of the Chinatown district.
The current improvements on site comprise older style warehouse space that is currently leased until December 2020 to Barossa Fine Foods, with income of $135,000 pa net ($160,000 from November 2019).
The Capital City zoning provides for development up to 43 metres (subject to statutory approvals) which allows a myriad of redevelopment options for the site.
The recent success of the Bohem development on the corner of Wright Street and Morphett Street has brought an influx of new residents to the area and highlights the ongoing development potential of this part of the city.
We strongly recommend this fantastic development opportunity for your consideration.
Expressions of Interest close 4pm Wednesday 21 August 2019. For more information, or to arrange an inspection of the property, please contact JLL.
JLL RLA 1842
Property ID: 503270530Last Updated: 13 Aug 2019