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McGees Property - Adelaide (RLA 1722)

74-80 Melbourne Street North Adelaide, SA 5006

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74-80 Melbourne Street,
North Adelaide, SA 5006

Shops & Retail • Development Sites & Land

Price information

Sale - Expression of Interest closing Thu 19 Sep

Please contact agent

Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Number of Tenants
6 Tenants

Expression of Interest

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McGees Property - Adelaide (RLA 1722)
Simon Lambert
James Juers

McGees Property - Adelaide (RLA 1722)

Level 10/60 Waymouth Street
ADELAIDE, SA 5000
McGees Property - Adelaide (RLA 1722)
74-80 Melbourne Street
North Adelaide, SA 5006

Map of 74-80 Melbourne Street

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North Adelaide mixed-use development or repositioning opportunity

  • 1,526sqm* site with dual street frontage
  • 100% leased, with development clauses
  • Valuable holding income
Colliers and McGees are delighted to offer the freehold sale of 74-80 Melbourne Street, North Adelaide.

A brilliantly positioned High Street land holding of 1,526 square metres* occupied by commercial, allied health and retail tenancies with tremendous and immediate development potential^ due to the flexible zoning, dual frontage, scale of the site and development clauses within all leases.

Fully occupied with 6 tenants, this strategically located opportunity provides strong holding income, incredible frontage and exposure on one of Adelaide’s most iconic High Streets in the affluent suburb of North Adelaide.

Representing exceptional redevelopment potential, the consolidated site comprises three Certificates of Title underpinned by favourable City Main Street and City Living Zoning within Adelaide City Council.

Key Features:
• 1,526 square metres* land holding allowing for significant redevelopment options^
• All Lease Agreements contain development clauses
• 547 square metres* of total building area
• Iconic Melbourne Street address just 2.5 kilometres* from Adelaide CBD
• Dual frontage to Melbourne Street and Sussex Street
• Rear vehicle access from Sussex Street
• Walking distance to the best amenity in North Adelaide
• Favourable City Main Street and City Living Zoning
• Fully leased to 6 tenants providing valuable holding income
• Three Certificates of Title
• Ideal for developers, investors and future owner occupiers

*approx.
^stnc

For Sale by Expressions of Interest closing Thursday 19 September at 3pm (ACST).

For further information or to arrange an inspection, please contact the agents.

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Property ID: 504666764Last Updated: 27 Aug 2024

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