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Colliers - ADELAIDE

18-20 King William Street Adelaide, SA 5000

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18-20 King William Street,
Adelaide, SA 5000

Offices • Development Sites & Land • Shops & Retail

Price information

Sale - Expression of Interest

Please contact agent

Key property information

Land area

Floor area

Private inspections

to arrange a private inspection.
Colliers - ADELAIDE
Jordan Schmidt
Alistair Mackie

Colliers - ADELAIDE

Level 9, 121 King William Street
ADELAIDE, SA 5000
Colliers - ADELAIDE
18-20 King William Street
Adelaide, SA 5000

Map of 18-20 King William Street

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  • Train stations within 5 km of 18-20 King William Street, Adelaide, SA 5000Distance
    Adelaide Railway Station Tram Stop242 m
    Victoria Square Station753 m
    Royal Adelaide Hospital1.1 km
    Mile End Station1.8 km
    Thebarton2 km
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  • Tram stops within 5 km of 18-20 King William Street, Adelaide, SA 5000Distance
    Rundle Mall64 m
    Tram Adelaide Railway Station233 m
    Adelaide Metro Free City Connector Bus and Tram314 m
    Tram Pirie St358 m
    Tram Victoria Square775 m
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  • Bus stops within 5 km of 18-20 King William Street, Adelaide, SA 5000Distance
    Y2 King William St - West Side75 m
    U1 North Tce - South Side84 m
    A3 King William Rd - East Side146 m
    Aox7 and Ao8 King William Rd - East Side158 m
    Z1 King William Rd - West Side159 m
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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 46% 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
- 46% 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.

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If you'd like to inspect this property in person, please to arrange a private inspection.

Property ID: 504706276Last Updated: 8 Oct 2024

Colliers - ADELAIDE
Level 9, 121 King William Street
ADELAIDE, SA 5000

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