222-228 Franklin Street , ADELAIDE SA 5000
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- 20 Sep 2016
Prime development site in the north west quadrant of the Adelaide CBD
222-228 Franklin Street is located in the vibrant north west quadrant of the CBD, just 300* metres south west of Light Square.
With a site area of 1,580sqm*, the property offers a prominent city land holding proximate to the new Royal Adelaide Hospital, Biomedical Precinct, and the Adelaide Central Market. There are a number of residential apartment towers either under construction or recently completed in the west end, providing a significant uplift in residential appeal and amenity.
The site is currently improved with a commercial building, providing short term holding income subject to redevelopment clauses.
Zoned Capital City with a prescribed height limit of 53 metres, the property is open to a wide range of uses including commercial, retail, residential and mixed use; subject to statutory consent.
Key property features include:
• Site area of 1,580sqm*
• Short term holding income
• Capital City zoning with height limit of 53 metres
• Closely located to the new RAH, Biomedical precinct, and Light Square
FOR SALE BY EXPRESSION OF INTEREST Closing 4pm Wednesday 19 October 2016
JLL RLA 1842
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
222-228 Franklin Street ADELAIDE