Share this property

realcommercial.com.au

195 North Terrace Adelaide, SA 5000

Directions

195 North Terrace,
Adelaide, SA 5000

Offices

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Tenure type

Sold on

Map of 195 North Terrace

Directions

Arguably Adelaide’s Best CBD Location

195 North Terrace is a 10 level commercial office tower incorporating two state of the art residential penthouses with exceptional views over Adelaide’s premier boulevard, and at the gateway to Adelaide’s major retailing precinct Rundle Mall.

The property has significant future development potential given that it has ‘no prescribed height limit’ and in the short term provides significant net passing income.

Key Tenants
- RM Williams
- Rodd and Gunn
- Crumpler
- Various commercial office users including dentists.

Five tenants have been in occupation for over 20 years, a further two over 10 years.

195 North Terrace, Adelaide is located between the primary retail precinct for the City of Adelaide (Rundle Mall) and the North Terrace Cultural Precinct which incorporates Adelaide’s Riverbank Precinct, Adelaide Oval, Festival Theatre, Adelaide Casino, Art Gallery SA, State Library, SA Museum, Anzac Walk, Government House and both UniSA and Adelaide University campus’.

Constructed over the whole of the property is a commercial office building currently configured as ground floor retail, first through to eighth floor commercial office accommodation, three bedroom apartment at portion ninth floor and a spectacular two level two bedroom residential penthouse over ninth and tenth floors.

The ‘piece de resistance’ of the development is the relatively new two storey penthouse with large outdoor deck and viewing area, modern galley kitchen with marble benchtops and stainless steel appliances, living area below two spectacular bedrooms each with their own bathroom/ensuite. The penthouse has been constructed to the highest quality and offers arguably the most spectacular views in the Adelaide CBD.


- 10 Level Office Tower including Residential Penthouses
- Prime corner location linking to Rundle Mall
- Net Passing Income circa $1.35m per annum
- Development upside (subject to consents)
- No prescribed height limit
- International retail tenants
- Spectacular views over Government House
- Lettable area over 4,300sqm* plus 2 apartments

*approximately

Expressions of Interest close 4pm Thursday 26 May 2016.

JLL RLA 1842
Knight Frank RLA 199257

Property ID: 501934986Last Updated: 19 Apr 2018

proptrack logo
This information is supplied by realestate.com.au (ABN 21 080 195 535) on behalf of Proptrack Pty Ltd (ABN 43 127 386 298). Copyright and Legal Disclaimers about Property Data.
realcommercial.com.au logo
195 North Terrace
Adelaide, SA 5000
JLL - Adelaide
25 Grenfell Street
ADELAIDE, SA 5000
Knight Frank - Adelaide (RLA 199257)
Level 29, 91 King William Street
ADELAIDE, SA 5000

Make an enquiry

What's your enquiry about?

Enter your details

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.