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135-140 East Terrace
Adelaide SA 5000
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Sold on 16 Mar 2022

135-140 East Terrace Adelaide SA 5000

  • Development / Land
  • 3,265 m²
  • Sold

Prime parkland fronting catalyst site, repositioning opportunity, holding income

  • Site of 3,264 square metres*
  • City Living Zoning
  • 3 street frontages

Colliers is pleased to present the opportunity to purchase 135-140 East Terrace, Adelaide.

The property is undoubtedly one of the most premium development or repositioning site opportunities to be offered to the South Australian market in recent decades, with the following key attributes:

Prime, parkland frontage location in the vibrant eastern CBD precinct
Favourable City Living Zoning (East Terrace Subzone and Medium-High Intensity Subzone)
Catalyst site providing scope for the maximum building height specified in zone to be exceeded
Fully leased at $600,000 per annum (net) plus GST and all outgoings
Strategic land holding of 3,264 square metres* across 2 Certificates of Title
3 street frontages plus additional lane access
Adaptable and well maintained healthcare improvements
Zoned to accommodate medium density residential, mixed use, vertical retirement and commercial development (stnc).

This exceptional property will appeal to developers seeking a premium opportunity in one of Adelaide's most prestigious residential precincts or purchasers seeking to reposition the high quality, well maintained healthcare improvements.
135-140 East Terrace, Adelaide is offered for sale Expressions of Interest closing Wednesday 24th November2021 at 3pm (ACST).

To arrange an inspection or for more information please contact Colliers as the exclusive selling agents.

*Approximately.

Colliers International Adelaide
Colliers International Adelaide
Level 9, 121 King William Street
Adelaide, SA 5000

Property Highlights

Date Sold16 Mar 2022
Floor AreaAsk Agent
Land Area3,265 m²
ParkingOn site parking available
Property ID2017185240
Category
Last updated  20 Dec 2021
Map for 135-140 East Terrace Adelaide SA 5000

Nearest transport* to 135-140 East Terrace Adelaide SA 5000

Bus
Stop T1 Hutt St - West side209 m
Stop F1 Hutt St - East side224 m
Stop H1 Hutt St - East side254 m
Stop S1 Hutt St - West side299 m
This data is sourced on 26/11/2024 from Department for Infrastructure and Transport, South Australia, Adelaide Metro General Transit
*Within a 4km radius
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Colliers International Adelaide
Colliers International Adelaide
Level 9, 121 King William Street
Adelaide, SA 5000

Property Highlights

Date Sold16 Mar 2022
Floor AreaAsk Agent
Land Area3,265 m²
ParkingOn site parking available
Property ID2017185240
Category
Last updated  20 Dec 2021

Co-Agents

Justin Hazell
Justin Hazell
Colliers International Adelaide
Call
+ 61 414 232 022
Alistair Mackie
Alistair Mackie
Colliers International Adelaide
Call
+61 412 817 977

More about 135-140 East Terrace Adelaide SA 5000

135-140 East Terrace Adelaide SA 5000 is categorized as Land & Development Property. It has a land area of 3,265 m². The listing ID for this property is 2017185240.

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