Added 1 day ago
18-20 King William Street,
Adelaide, SA 5000
Offices • Development Sites & Land • Shops & Retail
Added 1 day ago
Price information
Sale - Expression of Interest closing Thu 7 Nov
Please contact agent
Key property information
Land area
Floor area
Expression of Interest
Private inspections
to arrange a private inspection.
Colliers - ADELAIDE
Level 9, 121 King William StreetADELAIDE, SA 5000
18-20 King William Street
Adelaide, SA 5000
Map of 18-20 King William Street
Train stations within 5 km of 18-20 King William Street, Adelaide, SA 5000 Distance Adelaide Railway Station Tram Stop 242 m Victoria Square Station 753 m Royal Adelaide Hospital 1.1 km Mile End Station 1.8 km Thebarton 2 km POWERED BY HERE ©Tram stops within 5 km of 18-20 King William Street, Adelaide, SA 5000 Distance Rundle Mall 64 m Tram Adelaide Railway Station 233 m Adelaide Metro Free City Connector Bus and Tram 314 m Tram Pirie St 358 m Tram Victoria Square 775 m POWERED BY HERE ©Bus stops within 5 km of 18-20 King William Street, Adelaide, SA 5000 Distance Y2 King William St - West Side 75 m U1 North Tce - South Side 84 m A3 King William Rd - East Side 146 m Aox7 and Ao8 King William Rd - East Side 158 m Z1 King William Rd - West Side 159 m POWERED BY HERE ©
POWERED BY HERE ©
Value-add office with penthouse(s) potential
- Value-add CBD office with income
- 2,090sqm* Lettable Area
- Zoned Capital City, no height limit^
Colliers is excited to present to the market for sale 18-20 King William Street, Adelaide.
This value-add office building of 3,897sqm* GBA has so much potential for the incoming owner to occupy, invest and unlock significant additional value.
The building is approximately 53% leased to some long standing and well-known tenants. The balance comprises a number smaller portioned offices and with relocation of a few existing tenants there is an opportunity to creates several vacant whole floors for occupation or re-leasing.
A rare opportunity exists to create a new unique space in the never occupied top floor. The former plant room, with dual lift access, has the potential to be converted to a valuable and exciting new use. These uses could include a luxury penthouse(s), unique hospitality venue or contemporary new office headquarters.^ Plumbing points have already been provided for.
The building is set up for an exciting future, with new end of trip male/female facilities, bike storage in the basement and two new lifts servicing all floors, whilst several of the upper-level office floors feature new ceilings, lighting and amenities.
Key Asset Highlights:
- 2,090sqm* Lettable Area over 8 levels plus basement area of 525sqm*
- Substantial Holding Income
- Perfect for investors and owner occupiers
- 53% leased with ability to occupy the balance
- Blank-canvas top floor for conversion^
- Brand-new End of Trip Facilities and Lifts
- 8 Community Titles in one line
- Prime 528sqm* corner site with dual frontage
- Capital City Zoning with no prescribed height limit^
- No Stamp Duty
The corner location provides outstanding views and excellent natural light, and access from Clubhouse Lane to the onsite secure carparks.
*approx
^STCA
18-20 King William Street, Adelaide is offered for sale via National Expressions of Interest closing Thursday 7 November 2024 at 3pm (ACDT) through the exclusive selling agents.
For further information, or to arrange an inspection, please contact Colliers Adelaide.
This value-add office building of 3,897sqm* GBA has so much potential for the incoming owner to occupy, invest and unlock significant additional value.
The building is approximately 53% leased to some long standing and well-known tenants. The balance comprises a number smaller portioned offices and with relocation of a few existing tenants there is an opportunity to creates several vacant whole floors for occupation or re-leasing.
A rare opportunity exists to create a new unique space in the never occupied top floor. The former plant room, with dual lift access, has the potential to be converted to a valuable and exciting new use. These uses could include a luxury penthouse(s), unique hospitality venue or contemporary new office headquarters.^ Plumbing points have already been provided for.
The building is set up for an exciting future, with new end of trip male/female facilities, bike storage in the basement and two new lifts servicing all floors, whilst several of the upper-level office floors feature new ceilings, lighting and amenities.
Key Asset Highlights:
- 2,090sqm* Lettable Area over 8 levels plus basement area of 525sqm*
- Substantial Holding Income
- Perfect for investors and owner occupiers
- 53% leased with ability to occupy the balance
- Blank-canvas top floor for conversion^
- Brand-new End of Trip Facilities and Lifts
- 8 Community Titles in one line
- Prime 528sqm* corner site with dual frontage
- Capital City Zoning with no prescribed height limit^
- No Stamp Duty
The corner location provides outstanding views and excellent natural light, and access from Clubhouse Lane to the onsite secure carparks.
*approx
^STCA
18-20 King William Street, Adelaide is offered for sale via National Expressions of Interest closing Thursday 7 November 2024 at 3pm (ACDT) through the exclusive selling agents.
For further information, or to arrange an inspection, please contact Colliers Adelaide.
Explore property virtually
Video
If you'd like to inspect this property in person, please to arrange a private inspection.
Property ID: 504706276Last Updated: 8 Oct 2024
Colliers - ADELAIDELevel 9, 121 King William Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
More properties from Colliers - ADELAIDE
Other properties you might be interested in based on the location and property type you are looking at.
