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Colliers - ADELAIDE

74-80 Melbourne Street North Adelaide, SA 5006

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74-80 Melbourne Street,
North Adelaide, SA 5006

Shops & Retail • Development Sites & Land
Added 3 days ago

Price information

Sale - Expression of Interest closing Thu 19 Sep

Please contact agent

Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Number of Tenants
6 Tenants

Expression of Interest

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Private inspections

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Colliers - ADELAIDE
Jordan Schmidt
Rhys Newman

Colliers - ADELAIDE

Level 9, 121 King William Street
ADELAIDE, SA 5000
Colliers - ADELAIDE
74-80 Melbourne Street
North Adelaide, SA 5006

Map of 74-80 Melbourne Street

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  • Train stations within 5 km of 74-80 Melbourne Street, North Adelaide, SA 5006Distance
    Adelaide Railway Station2 km
    North Adelaide Station2.4 km
    Ovingham Station2.5 km
    Royal Adelaide Hospital2.6 km
    Victoria Square Station2.7 km
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  • Tram stops within 5 km of 74-80 Melbourne Street, North Adelaide, SA 5006Distance
    Tram Adelaide Railway Station2 km
    Rundle Mall2 km
    Tram Pirie St2.3 km
    Tram Victoria Square2.7 km
    City South3.1 km
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  • Bus stops within 5 km of 74-80 Melbourne Street, North Adelaide, SA 5006Distance
    4 Melbourne St - North West Side33 m
    5 Melbourne St - North West Side224 m
    5 Mann Rd - South West Side284 m
    Stop 4 Jerningham St-West Side299 m
    Melbourne Street Plaza336 m
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North Adelaide catalyst site or repositioning opportunity

  • 1,526sqm* Catalyst Site with dual street
  • 100% leased, with development clauses
  • Valuable holding income
Colliers and McGees are delighted to offer the freehold sale of 74-80 Melbourne Street, North Adelaide.

A brilliantly positioned High Street land holding of 1,526 square metres* occupied by commercial, allied health and retail tenancies with tremendous and immediate development potential^ due to the catalyst zoning, dual frontage, scale of the site and development clauses within all leases.

Fully occupied with 6 tenants, this strategically located opportunity provides strong holding income, incredible frontage and exposure on one of Adelaide’s most iconic High Streets in the affluent suburb of North Adelaide.

Representing exceptional redevelopment potential, the consolidated site comprises three Certificates of Title underpinned by favourable City Main Street and City Living Zoning within Adelaide City Council. The large site area qualifies as a Catalyst Site offering further scope and scale for redevelopment.

Key Features:
• 1,526 square metres* Catalyst Site allowing for significant redevelopment options^
• All Lease Agreements contain development clauses
• 547 square metres* of total building area
• Iconic Melbourne Street address just 2.5 kilometres* from Adelaide CBD
• Dual frontage to Melbourne Street and Sussex Street
• Rear vehicle access from Sussex Street
• Walking distance to the best amenity in North Adelaide
• Favourable City Main Street and City Living Zoning
• Fully leased to 6 tenants providing valuable holding income
• Three Certificates of Title
• Ideal for developers, investors and future owner occupiers

*approx.
^stnc

For Sale by Expressions of Interest closing Thursday 19 September at 3pm (ACST).

For further information or to arrange an inspection, please contact the agents.

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

Property ID: 504666764Last Updated: 19 Aug 2024

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