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89 Pirie Street, Adelaide, SA 5000

89 Pirie Street, Adelaide, SA 5000

Offices Retail

  • For Sale
  • Contact Agent
  • Expression of Interest

VALUE-ADD OFFICE TOWER - CORE ADELAIDE CBD LOCATION

  • Significant Value-add Opportunity
  • Substantial 8 Level Office Building
  • Core CBD Location

  • Land Area
  • 1405.00 m² (approx)
  • Floor Area
  • 7,095 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Sep 18, 2017
  • Energy Efficiency Rating
  • 4.0-star NABERS Energy Rating

Interested in this property? Contact an Agent today

Knight Frank - Adelaide (RLA 199257)

Level 25 Westpac House 91 King William Street

Adelaide SA 5000

Tony Ricketts, Knight Frank - Adelaide (RLA 199257)
Tony Ricketts
CBRE - South Australia (RLA 208125)

Level 5, 151 Pirie Street

Adelaide SA 5000

Alistair Laycock, CBRE - South Australia (RLA 208125)
Alistair Laycock

VALUE-ADD OFFICE TOWER - CORE ADELAIDE CBD LOCATION

- Lettable area of 7,095sqm (approx.).
- Excellent re-positioning opportunity.
- Various upgrades including AC, bathrooms and solar.
- Clever meeting of heritage and contemporary style accommodation.
- Currently 28% (approx.) occupied by Allianz Insurance at $835,866 pa gross.
- Estimated fully leased net income of $2,252,225 pa.
- Core CBD location with car parking adjacent.
- Large 1,405sqm (approx.) site with future development upside (STCC).
- 4-Star NABERS Energy Rating.

For Sale by Expressions of Interest closing Thursday 17th August 2017 at 4.00pm ACST

89 Pirie Street, Adelaide, SA 5000

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