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Klemco Property

172-174 and 176-178 Grote Street, 172-178 Grote Street Adelaide, SA 5000

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172-174 and 176-178 Grote Street, 172-178 Grote Street,
Adelaide, SA 5000

Development Sites & Land • Warehouse, Factory & Industrial • Offices

Price information

Sale - Expression of Interest

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Detailed listing

Key property information

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Klemco Property
ROGER KLEM

Klemco Property

1 Warwick Avenue
HYDE PARK, SA 5061
04239193...
Klemco Property
172-174 and 176-178 Grote Street, 172-178 Grote Street
Adelaide, SA 5000

Detailed listing

Map of 172-174 and 176-178 Grote Street, 172-178 Grote Street

Directions
  • Train stations within 5 km of 172-174 and 176-178 Grote Street, 172-178 Grote Street, Adelaide, SA 5000Distance
    Victoria Square Station622 m
    Royal Adelaide Hospital859 m
    Adelaide Railway Station Tram Stop900 m
    Mile End Station1.2 km
    Adelaide Parklands Terminal1.4 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 172-174 and 176-178 Grote Street, 172-178 Grote Street, Adelaide, SA 5000Distance
    Tram Victoria Square562 m
    Tram Pirie St747 m
    City South864 m
    Tram Adelaide Railway Station904 m
    Rundle Mall920 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 172-174 and 176-178 Grote Street, 172-178 Grote Street, Adelaide, SA 5000Distance
    X1 Grote St - South Side72 m
    B2 Grote St - North Side74 m
    U1 Morphett St - West Side111 m
    F1 Morphett St - East Side162 m
    W3 Grote St - South Side167 m
    POWERED BY HERE ©
POWERED BY HERE ©

Key CBD Development Site

  • Capital City Zone - 53 metre height
  • 3 Tenants = Holding Income
  • Three Street Frontages
Magnificent future development site situated between the Adelaide Central Market and University Campus, currently disposed as two separate buildings, each fully leased and generating significant holding income.

Located just 550metres west of Victoria Square, on the premier boulevard from Adelaide Airport to the City, the property is surrounded by Student Accommodation, Residential Apartments and retail showrooms.

The first time offered on the open market in decades, this is a rare opportunity to secure a strategic landholding in the popular north western quadrant of the City.

Available for purchase either in one line, or individually, each property is secured by strong income streams, with the opportunity to unlock a future development through triggering redevelopment clauses. Each lease is structured on a net basis, with the tenant responsible for the payment of outgoings (excluding State Land Tax).

South Australia's unique advantage of No Stamp Duty payable on commercial conveyances will add to this attractive and exciting opportunity.

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Property ID: 504689580Last Updated: 16 Sep 2024

Klemco Property
1 Warwick Avenue
HYDE PARK, SA 5061

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