Renowned film casting agency headquarters listed for sale in Adelaide
Lights, camera, action – a slice of South Australia’s film industry history is up for grabs, with the long-time home of the South Australian Casting Agency at Suite 201, 186 Pulteney Street, Adelaide, hitting the market for sale with a leaseback arrangement.
Offered through Century 21 Commercial principals Matt Lazarus and Ronald Ozeri, the property presents investors with the chance to secure a tenanted asset backed by one of the state’s most respected creative businesses.
“The property has been the home of the renowned South Australian Casting Agency for over 30 years, run by Ann Peters – a household name in South Australia,” Lazarus says.
“It’s being offered for sale with a leaseback from the vendor for $70,000 per annum gross plus GST.”
Ann Peters’ agency has become synonymous with discovering local talent, having been involved in casting for major international productions such as Pirates of the Caribbean and Mortal Kombat, alongside a long list of Australian classics including Picnic at Hanging Rock, Breaker Morant, Wolf Creek, McLeod’s Daughters, Storm Boy, Shine, Neighbours, Home and Away and Snowtown.
“Commercial property investors always want to understand the business of their tenant, and this is an incredibly well-known, stable business offering peace of mind to investors,” Lazarus adds.
The property’s creative heritage, coupled with its strong tenant covenant, has already attracted attention from both local and interstate buyers.
“There’s been considerable interest in the property to date,” Lazarus says.
“It also qualifies for the current South Australian commercial stamp duty waiver, providing a compelling incentive for purchasers.”
The tenancy occupies the second floor, delivering approximately 350 square metres of usable space. The space receives ample natural light and boasts a configuration that suits creative or office use.
Situated on Pulteney Street in the heart of Adelaide’s city centre, it also benefits from a prime inner-city address that’s well-served by public transport, is close to Rundle Mall and other commercial amenities, and lies within Adelaide’s core business district.
The property is for sale by expressions of interest, closing at 2pm on Friday, October 30.
