JLL is pleased to offer to the market 180-188 Grote Street, Adelaide, a prime CBD development site of approximately 730 square metres.

The property is superbly located on the north eastern corner of Grote Street and Byron Place, just 150 metres west of Morphett Street and is a short walk from major tourist, city worker and resident attractions including Chinatown, Adelaide Central Market, Adelaide Bus Station, Gouger Street and Victoria Square.

180-188 Grote Street is currently improved with an attractive showroom, display yard and warehouse and is to be offered with a short term leaseback. The improvements present very well and could be leased to generate investments income over the medium term.

The property is zoned Capital City with a prescribed height limit of 53 metres and is well-located to suit residential, mixed use or commercial development including apartments, short term visitor accommodation, student accommodation, offices, retail or a mix of these uses (all development remains subject to statutory approvals).

Whether for redevelopment, medium term, speculation or long term holding income we strongly endorse 180-188 Grote street for your serious consideration and identify the following property highlights:

•Corner site of 730 square metres (approx.) with frontages to Grote Street and Byron Place
•Located in close proximity to Chinatown, Adelaide Central Market and Gouger Street precinct
•Functional existing improvements, suitable for a variety of uses (stnc) and with the ability to generate significant income
•To be offered with a short term leaseback
•Zoned Capital City with prescribed height limit of 53 metres

JLL is exclusively appointed to offer 180-188 Grote Street, Adelaide for sale by Expression of Interest closing 4pm Thursday 12th November 2015

JLL
RLA 1842