462-464 Morphett Street,
Adelaide, SA 5000

- 376 square metre* site
- Existing improvements of 215 square metres* comprising two retail shops/offices
- Outstanding development opportunity
- Corner allotment with right of way over adjacent property to Reeves Street
- Zoned Capital City - 53 metre height development capacity
- Close proximity to public transport and major roads
- Surrounded by dining, cultural, and shopping attractions
- Sold with vacant possession

Offering an outstanding 376 square metre corner allotment with frontages to Morphett Street and Hamilton Place, 462-464 Morphett Street is a prime CBD development site with immense potential.

Offered with vacant possession, the property offers existing improvements of 215 square metres and the capacity to generate holding income from one or two tenants (with two shopfronts in place). There is currently rear car parking for up to five (5) vehicles and a right of way over the adjoining allotment to Reeves Street, further maximising the site's development potential.

Morphett Street is renowned for its dynamic atmosphere and diverse mix of residential and commercial property developments. The property has excellent proximity to key amenities and public transport links and is surrounded by an array of dining options, cultural landmarks, and shopping destinations. The property benefits from easy access to major roads, ensuring seamless connectivity to other parts of the city and beyond.

462-464 Morphett Street, Adelaide is offered for sale with a price guide of $2,000,000.

For more information or to book an inspection of 462-464 Morphett Street, Adelaide, please contact Saxon Smith from Higher Commercial (RLA 323 903).

Disclaimer:
This advert contains information and imagery which is believed to be accurate based on Higher Commercial sources and/ or inspections of the property before or at the time of advertising. Prospective buyers or other parties should make their own inquiries about the validity and accuracy of this information and view the property before making any offers. Our privacy policy is available at www.highercommercial.com.au | RLA 323 903