Light Square Development Site
JLL is pleased to present 175-185 Waymouth Street, Adelaide for sale by Private Treaty.
175-185 Waymouth Street comprises a superb development site of some 1,255sqm situated on the southern side of Waymouth Street adjacent to Light Square. This portion of the CBD is undergoing strong growth due to the Royal Adelaide Hospital relocation, expansion of the Universities and continuing development of the Biomedical Precinct on North Terrace.
The property is almost an island site, with street frontage and access on all sides, including over 45 metres of frontage to Waymouth Street. The Capital City zoning allows for development up to 53 metres providing a myriad of redevelopment options for astute purchasers.
175-185 Waymouth Street is one of the best development sites offered to the market this year, and we highlight the key features below:
Site of 1,255sqm* with access on all sides
Wide frontage of 45m* to Waymouth Street
Northerly aspect will provide superb views from new development
Zoning allows up to 53 metres in height (stnc)
Flexible holding income of circa $2,400 per month plus GST
Held on three Certificates of Title
The property is offered for sale by Private Treaty.
For more information, or to arrange an inspection of the property, please contact JLL.
*Approx
JLL RLA 1842