228-230 and 231 North Terrace,
Adelaide, SA 5000
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Map of 228-230 and 231 North Terrace
Two Prime North Terrace Development Sites
On behalf of Realtycorp (as transaction manager), JLL is pleased to offer for sale 228-230 and 231 North Terrace, Adelaide, South Australia, either together or separately.
With a commanding frontage to North Terrace of 32m* and total site area of 1,236sqm*, the properties present a fantastic opportunity to secure prime real estate, with no heritage listing, on Adelaide’s prized cultural boulevard.
Located on the southern side of North Terrace and with rear access from Austin Place, the properties are positioned in the heart of the cultural precinct of Adelaide and surrounded by significant landmarks such as the South Australian Museum, Art Gallery of SA, State Library, Government House, and the University of Adelaide and UniSA campuses. Within close proximity are major retailers Tiffany & Co., David Jones, Myer and over 700 specialty retailers located in Rundle Mall, just 100* metres to the south.
The commercial, retail and residential amenity of 228-230 and 231 North Terrace provides enormous potential for future development including hotel, student accommodation, residential apartments, office accommodation, education or retail uses (subject to normal consents).
Currently erected on the land are two commercial buildings totalling in excess of 6,200sqm* of building area.
228-230 North Terrace, Adelaide
Five level commercial office building constructed in 1966 with refurbishment undertaken in the early 1980s.
• Site Area: 659sqm*
• Building Area: 2,691sqm*
• Available with short term lease back or with vacant possession
Elizabeth House, 231 North Terrace, Adelaide
Seven level commercial office building constructed circa 1955.
• Site Area: 577sqm*
• Building Area: 3,528sqm*
• Subject to various short term tenancies with latest expiry of 2017. Passing gross income $358,000* pa
Note: The building areas above are not surveyed net lettable areas. The building area stated above is an estimate only and not a surveyed Net Lettable Area. Purchasers must rely on their own enquiries in relation to the accuracy of the building areas.
Available either together or separately, this is a unique and rare opportunity which we strongly endorse for your serious consideration.
Please contact the exclusive selling agents for an Information Memorandum or to organise an inspection.
FOR SALE BY EXPRESSIONS OF INTEREST CLOSING 4PM THURSDAY 30 APRIL 2015
RLA1842
With a commanding frontage to North Terrace of 32m* and total site area of 1,236sqm*, the properties present a fantastic opportunity to secure prime real estate, with no heritage listing, on Adelaide’s prized cultural boulevard.
Located on the southern side of North Terrace and with rear access from Austin Place, the properties are positioned in the heart of the cultural precinct of Adelaide and surrounded by significant landmarks such as the South Australian Museum, Art Gallery of SA, State Library, Government House, and the University of Adelaide and UniSA campuses. Within close proximity are major retailers Tiffany & Co., David Jones, Myer and over 700 specialty retailers located in Rundle Mall, just 100* metres to the south.
The commercial, retail and residential amenity of 228-230 and 231 North Terrace provides enormous potential for future development including hotel, student accommodation, residential apartments, office accommodation, education or retail uses (subject to normal consents).
Currently erected on the land are two commercial buildings totalling in excess of 6,200sqm* of building area.
228-230 North Terrace, Adelaide
Five level commercial office building constructed in 1966 with refurbishment undertaken in the early 1980s.
• Site Area: 659sqm*
• Building Area: 2,691sqm*
• Available with short term lease back or with vacant possession
Elizabeth House, 231 North Terrace, Adelaide
Seven level commercial office building constructed circa 1955.
• Site Area: 577sqm*
• Building Area: 3,528sqm*
• Subject to various short term tenancies with latest expiry of 2017. Passing gross income $358,000* pa
Note: The building areas above are not surveyed net lettable areas. The building area stated above is an estimate only and not a surveyed Net Lettable Area. Purchasers must rely on their own enquiries in relation to the accuracy of the building areas.
Available either together or separately, this is a unique and rare opportunity which we strongly endorse for your serious consideration.
Please contact the exclusive selling agents for an Information Memorandum or to organise an inspection.
FOR SALE BY EXPRESSIONS OF INTEREST CLOSING 4PM THURSDAY 30 APRIL 2015
RLA1842
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Property ID: 501460043Last Updated: 2 May 2018
04188497...
228-230 and 231 North Terrace
Adelaide, SA 5000
JLL - Adelaide 25 Grenfell Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
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