135-140 East Terrace,
Adelaide, SA 5000
Development Sites & Land • Offices
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Sold on
Colliers - ADELAIDE
Level 9, 121 King William StreetADELAIDE, SA 5000
135-140 East Terrace
Adelaide, SA 5000
Map of 135-140 East Terrace
Prime parkland fronting catalyst site or repositioning opportunity with holding income
- Site of 3,264 square metres*
- City Living Zoning
- 3 street frontages
Colliers is pleased to present the opportunity to purchase 135-140 East Terrace, Adelaide.
The property is undoubtedly one of the most premium development or repositioning site opportunities to be offered to the South Australian market in recent decades, with the following key attributes:
• Prime, parkland frontage location in the vibrant eastern CBD precinct
• Favourable City Living Zoning (East Terrace Subzone and Medium-High Intensity Subzone)
• Catalyst site providing scope for the maximum building height specified in zone to be exceeded
• Fully leased at $600,000 per annum (net) plus GST and all outgoings
• Strategic land holding of 3,264 square metres* across 2 Certificates of Title
• 3 street frontages plus additional lane access
• Adaptable and well maintained healthcare improvements
• Zoned to accommodate medium density residential, mixed use, vertical retirement and commercial development (stnc).
This exceptional property will appeal to developers seeking a premium opportunity in one of Adelaide’s most prestigious residential precincts or purchasers seeking to reposition the high quality, well maintained healthcare improvements.
135-140 East Terrace, Adelaide is offered for sale by Expressions of Interest closing Wednesday 24th November 2021 at 3pm (ACST).
To arrange an inspection or for more information please contact Colliers as the exclusive selling agents.
*Approximately.
The property is undoubtedly one of the most premium development or repositioning site opportunities to be offered to the South Australian market in recent decades, with the following key attributes:
• Prime, parkland frontage location in the vibrant eastern CBD precinct
• Favourable City Living Zoning (East Terrace Subzone and Medium-High Intensity Subzone)
• Catalyst site providing scope for the maximum building height specified in zone to be exceeded
• Fully leased at $600,000 per annum (net) plus GST and all outgoings
• Strategic land holding of 3,264 square metres* across 2 Certificates of Title
• 3 street frontages plus additional lane access
• Adaptable and well maintained healthcare improvements
• Zoned to accommodate medium density residential, mixed use, vertical retirement and commercial development (stnc).
This exceptional property will appeal to developers seeking a premium opportunity in one of Adelaide’s most prestigious residential precincts or purchasers seeking to reposition the high quality, well maintained healthcare improvements.
135-140 East Terrace, Adelaide is offered for sale by Expressions of Interest closing Wednesday 24th November 2021 at 3pm (ACST).
To arrange an inspection or for more information please contact Colliers as the exclusive selling agents.
*Approximately.
Explore property virtually
Video
Property ID: 503887282Last Updated: 20 Dec 2021
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.
Contact Agent
17-19 Crowther Street,Adelaide, SA 5000 956 m²Development Sites & Land • Shops & Retail • Hotel, Motel & Leisure
Contact Agent
215-231 Grenfell St, 252-260 Pirie St, 247-259 Pirie St, 31-35 Worsnop Ave,Adelaide, SA 5000 9477 m²Development Sites & Land
Contact Agent
234 Currie Street,Adelaide, SA 5000 903 m²Offices • Development Sites & Land • Shops & Retail