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CBRE - South Australia (RLA 208125)

11-13 Gilbert Street Adelaide, SA 5000

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11-13 Gilbert Street,
Adelaide, SA 5000

Offices • Development Sites & Land

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CBRE - South Australia (RLA 208125)
Mitch Curnow
Rhyce Scott

CBRE - South Australia (RLA 208125)

Level 5, 151 Pirie Street
ADELAIDE, SA 5000
CBRE - South Australia (RLA 208125)
11-13 Gilbert Street
Adelaide, SA 5000

Map of 11-13 Gilbert Street

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INVESTMENT OPPORTUNITY & DEVELOPMENT SITE ALL IN ONE FANTASTIC PROPERTY

  • Net rental of $104,835pa*
  • 5-year lease expiring May 2022
  • Capital City Zoning allowing development
11-13 Gilbert Street, Adelaide provides a fantastic investment opportunity to investors of all sectors of the market in conjunction with true development upside long-term. Located in a burgeoning sector of the CBD and just metres from the King William Street tram-line, this property offers a well-placed boutique office investment with potential to develop up to 53 metres with very flexible zoning.

The surrounding area has undergone significant revitalisation highlighted by the success of Vue Apartments to the South of the site and exceptional local businesses in Tell Henry and Prohibition Gin opening up just a short walk down the road.

We further highlight the key investment and long-term development prospects for a savvy investor or land banker:
- Net rental of $104,835pa*
- Land area of 331sqm*
- NLA of 303sqm*
- Recently refurbished space as of 2011 converting saw-tooth warehousing into modern and open plan offices with fantastic natural light.
- Existing lease to MSM Legal Pty Ltd expiring May 2022 with 1x5 year right to renew
- Capital City Zoning allowing development up to 53m
- 50m* walk to King William Street tram-line.

For further information please contact exclusive marketing agents CBRE:

Mitch Curnow – 0415 494 0...
Rhyce Scott - 0422 960 5...

RLA 208125 *Approximatley

Property ID: 503005542Last Updated: 28 Jan 2019

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