75-79 King William St, ADELAIDE SA 5000
Expressions of Interest
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- 20 Oct 2016
PRIZED CBD LANDHOLDING WITH SIGNIFICANT DEVELOPMENT POTENTIAL
LJ Hooker Commercial, as the exclusive agent, is delighted to offer for sale the 100% freehold interest in 75-79 King William Street, Adelaide, via an international Expression of Interest campaign closing 4pm, Friday 11 November 2016.
Key property highlights include:
- Absolute prime CBD corner site with rare 3 street frontages
- Freehold 7 level office building plus basement totalling 3,584 sqm NLA
- Vibrant CBD location with excellent transport links and amenities
- Prominent ground level retail
- Strategic location sited on $14.6 million CBD laneways improvement scheme
- Strong holding income from Government tenant
- Flexible Capital City Zoning (Policy Area 13) with no prescribed height limits
- Multiple conversion possibilities
- An excellent investment with opportunities to redevelop or reposition to an alternate use (STNC)
- BEEC/NABERS exempt
This is a true generational asset, occupying one of Adelaide's best core CBD locations in the absolute centre of the city's burgeoning growth corridor. 75 King William Street is underpinned by a number of short, medium and long term value-add opportunities including refurbishment or total redevelopment to take absolute advantage of the location and the flexible zoning options. This really is a once in a lifetime opportunity!
All Expressions of Interest are to be submitted in writing to LJ Hooker Commercial Adelaide by 4:00 pm (AEST) Friday 11th November 2016.
For more information or to request an Information Memorandum please contact the following representatives of LJ Hooker Commercial:
0416 045 675
0438 849 650
0412 710 348
RLA 231 015
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
75-79 King William St ADELAIDE