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JLL - Adelaide
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M1 Centre, 195 North Terrace Adelaide, SA 5000

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For Sale

M1 Centre, 195 North Terrace Adelaide, SA 5000

Offices • Shop & Retail • Medical & Consulting
Sale Price

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Land area

0.43ha (1.07 acres)

Floor area

4348.0m²

Property extent

Whole

Tenure type

Tenanted Investment

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$1,542,015
Number of Tenants
10 Tenants
Tenants / Type
CBD Office Investment

Spectacular North Terrace Adelaide CBD office investment

On behalf of our valued client The Mandala Group, JLL is proud to offer for sale M1 Centre, 195 North Terrace, Adelaide, South Australia.

M1 Centre comprises a magnificent 12 level commercial office tower incorporating two state of the art residential penthouses with exceptional views over Adelaide’s premier boulevard, and at the gateway to Adelaide’s major retailing precinct Rundle Mall. 

We highlight the key features below:

• 12 level office tower incorporating spectacular penthouse apartment
• Prime corner location on North Terrace and Gawler Place, the gateway to Rundle Mall
• New tram stop linking to Lot Fourteen and Adelaide’s national Space Agency
• Estimated net passing income circa $1,542,015 pa
• Lettable area circa 4,348sqm excluding the residential apartments
• Two rooftop penthouse apartments (one three bedroom, one two bedroom)
• Prominent ground floor retail incorporating international retail tenants
• Quality commercial office accommodation with staggered lease expiry profile
• Huge potential for signage rights and branding
• Ability to enhance existing cashflow by active leasing and re-positioning the asset
• Future redevelopment potential given no prescribed height limit
• Adelaide is on the cusp of a massive infrastructure spend including $90bn of Australia’s defence spend spread over a 40 year period which will lead to 10,000 jobs at its peak

M1 Centre provides astute purchasers the opportunity to acquire a sensational property on one of the most tightly-held strips in the Adelaide CBD and we strongly endorse this asset for your serious consideration.

For sale by Private Treaty.

For further information please contact the exclusive selling agents.

JLL RLA 1842

Property ID: 503135794Last Updated: 21 May 2019

JLL - Adelaide
M1 Centre, 195 North Terrace
Adelaide, SA 5000
Roger Klem
Jed Harley

JLL - Adelaide

25 Grenfell Street
ADELAIDE, SA 5000

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JLL - Adelaide

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JLL - Adelaide

25 Grenfell Street
ADELAIDE, SA 5000
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Roger Klem

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Roger Klem
JLL - Adelaide
M1 Centre, 195 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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