62-70 Chapel Street,
Thebarton, SA 5031
Warehouse, Factory & Industrial
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Leedwell Property (RLA 222531) - ADELAIDE
Level 1, 16 Hutt StreetADELAIDE, SA 5000
62-70 Chapel Street
Thebarton, SA 5031
Map of 62-70 Chapel Street
Train stations within 5 km of 62-70 Chapel Street, Thebarton, SA 5031 Distance Thebarton 409 m Mile End Station 976 m Entertainment Centre 1.2 km Bowden Station 1.2 km Royal Adelaide Hospital 1.3 km POWERED BY HERE ©Tram stops within 5 km of 62-70 Chapel Street, Thebarton, SA 5031 Distance Tram Adelaide Railway Station 2.2 km Rundle Mall 2.4 km Tram Pirie St 2.5 km Tram Victoria Square 2.6 km City South 2.9 km POWERED BY HERE ©Bus stops within 5 km of 62-70 Chapel Street, Thebarton, SA 5031 Distance 3 George St - North Side 73 m 2 George St - North Side 170 m 1a George St - North Side 359 m 2 Port Rd - West Side 406 m 5 Phillips St - South Side 419 m POWERED BY HERE ©
POWERED BY HERE ©
Value-Add Development
- Strategic Location
- Development Upside (up to 6 levels)
- Holding Income
Thebarton is earmarked for substantial growth in the coming years with a recent change in zoning providing significant development uplift in the future. Mixed-use, residential, aged, care, commercial and industrial land uses are proposed, complementing the huge investment in major medical projects adjacent to the CBD and only a few minutes away.
The property provides a significant future development opportunity in a thriving inner-city location. The land component measures some 2,368sqmm while the improvements are estimated to measure 2,034sqm.
The highly functional improvements are currently leased until February 2025 with 2x2 rights of renewal available. A redevelopment clause enables new owners to consider alternate land uses while enjoying holding income.
The property is zoned Urban Corridor (Business) allowing for development up to 6 levels (24.5m).
The property provides a significant future development opportunity in a thriving inner-city location. The land component measures some 2,368sqmm while the improvements are estimated to measure 2,034sqm.
The highly functional improvements are currently leased until February 2025 with 2x2 rights of renewal available. A redevelopment clause enables new owners to consider alternate land uses while enjoying holding income.
The property is zoned Urban Corridor (Business) allowing for development up to 6 levels (24.5m).
Additional information
Documents
Property ID: 504630280Last Updated: 23 Jul 2024
Leedwell Property (RLA 222531) - ADELAIDELevel 1, 16 Hutt Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
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