22-24 Gilbert Street,
Adelaide, SA 5000
Development Sites & Land • Shops & Retail • Offices
Price information
Sale
$3,975,000
Under Contract
Key property information
Land area
Floor area
Tenure type
Private inspections
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Map of 22-24 Gilbert Street
Train stations within 5 km of 22-24 Gilbert Street, Adelaide, SA 5000 Distance Victoria Square Station 572 m Adelaide Railway Station 1.4 km Free Choice Tobacco Underpass Adelaide Railway Station 1.5 km Adelaide Parklands Terminal 1.7 km Royal Adelaide Hospital 1.7 km POWERED BY HERE ©Tram stops within 5 km of 22-24 Gilbert Street, Adelaide, SA 5000 Distance City South 147 m Tram South Terrace 279 m Tram Victoria Square 559 m Tram Pirie St 966 m Rundle Mall 1.3 km POWERED BY HERE ©Bus stops within 5 km of 22-24 Gilbert Street, Adelaide, SA 5000 Distance Q1 King William St - West Side 119 m City South 137 m U1 Halifax St - South Side 178 m K1 King William St - East Side 182 m I1 King William St - East Side 200 m POWERED BY HERE ©
POWERED BY HERE ©
PRIME DEVELOPMENT ALLOTMENT IN ADELAIDE'S SOUTH END : CORNER SITE OF 760 M2* IMPRESSIVE HOLDING INCOME - UP TO 53M HEIGHT DEVELOPMENT (STCC)
Raine & Horne Commercial SA are proud to offer for sale this exceptional potential development site in Adelaide's CBD location.
Located meters from the GPO, law Courts, Central Market and a short walk or tram ride to Adelaide's premier shopping precinct, Rundle Mall and Adelaide Oval.
The property comprises prominent corner allotment of approximately 760 m2 with a frontage to Gilbert Street of 24.69 m and a frontage to Tapley Street 0f 30.78 m.
Currently leased to Prohibition Liquor Co Pty Ltd for s term of 5 + 5 + 5 years commencing 1st August 2019. The lease has a development clause which can be exercised after July 2026 providing ample opportunity for planning approvals etc whilst collecting good holding income (circa $100,000 pa net).
Zoning: Capital City Zone allowing up to 53m height development (subject to usual consents)
*All areas/dimensions approximate
RLA 283100
Located meters from the GPO, law Courts, Central Market and a short walk or tram ride to Adelaide's premier shopping precinct, Rundle Mall and Adelaide Oval.
The property comprises prominent corner allotment of approximately 760 m2 with a frontage to Gilbert Street of 24.69 m and a frontage to Tapley Street 0f 30.78 m.
Currently leased to Prohibition Liquor Co Pty Ltd for s term of 5 + 5 + 5 years commencing 1st August 2019. The lease has a development clause which can be exercised after July 2026 providing ample opportunity for planning approvals etc whilst collecting good holding income (circa $100,000 pa net).
Zoning: Capital City Zone allowing up to 53m height development (subject to usual consents)
*All areas/dimensions approximate
RLA 283100
Additional information
External websites
Property ID: 504346544Last Updated: 9 Dec 2024
04121276...
22-24 Gilbert Street
Adelaide, SA 5000
Raine and Horne Commercial and Business8 Greenhill Road
WAYVILLE, SA 5034
WAYVILLE, SA 5034
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