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165 Grenfell Street Adelaide, SA 5000

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165 Grenfell Street,
Adelaide, SA 5000

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Superior CBD Office Investment

Adecco House is a high quality 3 level office building situated within the Citicom Campus Precinct offering unique amenity for its occupiers with its delightful leafy garden setting.

Situated in the heart of the Adelaide CBD on the south western corner of Grenfell Street and Frome Road, Adecco House boasts a high profile position on one of the CBD's most prominent intersections. It is a short walk to the cafes and restaurants on Rundle Street, the beautiful Hindmarsh Square parklands and the main retail precinct of Rundle Mall. The immediate surrounds have seen considerable public investment and new development in recent times including a major redevelopment of the Hindmarsh Square parklands, Bendigo Banks new headquarters and Rundle Central, Aurora Office Tower and KPMG House on Pirie street, the Conservatory office and residential tower and the Crowne Plaza hotel and apartments on Hindmarsh square.

Having undergone significant refurbishment of the foyer, lift cars and amenities, Adecco House presents in excellent condition.

Other key investment features include:

- Building Area - 3,095sqm NLA over ground and two upper levels
- Car Parking - 51 secure under croft car parks
- Net Income - circa $1 million p.a. on a fully let basis
- Attractive yield with value add potential via increasing rental, lease terms and letting up of current vacancy
- 3 Star NABERS Energy rating

www.colliers.com.au/500615527

Property ID: 500615527Last Updated: 17 Mar 2014

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

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