Acting under instructions from Viterra, Colliers International is proud to offer for sale this outstanding portfolio of six individual properties comprising three office buildings and three vacant parcels of development land.

The properties, offered for sale individually or in groups, have become available due to the impending relocation of Viterra’s head office to Greenhill Road, Parkside.

The six properties occupy a combined site area of 4,857sqm and provide a total lettable area of approximately 5,514sqm. The landmark property is 124-130 South Terrace, which comprises a five-level commercial office building of approximately 4,113sqm. Also on offer are two smaller, stand-alone office buildings and three parcels of residential development land.

The offering represents one of Adelaide’s most significant commercial and development opportunities to be presented in recent years, given its superior Adelaide parkland location in the heart of an exciting and rapidly developing southern city precinct.

The portfolio comprises:

124-130 South Terrace: A substantial, high quality, five level commercial office building of 4,113sqm (approx.) with three street frontages occupying a site of 1,648sqm. The current improvements and unique parkland location lends itself to conversion to high rise luxury residential, subject to relevant approvals.

35-43 Stafford Street: A medium density residential development site of 1,170sqm with 3 street frontages, offering substantial capacity and economies of scale.

17-29 Stafford Street: Two-level, 1,015sqm, modern office building with three street frontages on a 995sqm site featuring secure onsite car parking for 22 vehicles.

13-15 Stafford Street: A three-level, 406sqm office building, ready for immediate occupation however it could be converted for residential or home-office use, subject to relevant approvals.

9-9a Stafford Street: A vacant 180sqm site which is well suited to residential townhouse or apartment development (subject to approval).

12-16 Stafford Street: A vacant 642sqm regular-shaped site. An ideal medium density residential development opportunity with flexibility to stage development by virtue of the three titles (subject to approval).

The location of the portfolio is considered absolutely prime in every respect. It is prime by virtue of the parkland aspect and unsurpassed views of the Adelaide Hills, coastline and CBD, for its accessibility to the CBD, for the tranquility of the precinct and for the proximity of local services including retail, hotels and restaurants.

The properties are for sale individually or in groups by Expressions of Interest closing 4pm (CST) September 3, 2015.