31-33 Wright Court Adelaide SA 5000

JLL is pleased to present 31-33 Wright Court, Adelaide for sale by Private Treaty.

Situated in one of the most tightly held precincts in Adelaide, 31-33 Wright Court presents an outstanding opportunity for buyers to secure their piece of the Chinatown district.

The property is offered with a secure lease to Parkfast SA generating valuable holding income of approximately $50,000 per annum plus outgoings and GST. The lease includes a redevelopment clause, providing flexibility to purchasers.

The site's Capital City zoning allows for development up to 43 metres (subject to statutory approvals) which opens a myriad of redevelopment options. The recent success of the Bohem and Central Adelaide Apartment developments have brought an influx of new residents to the area and highlights the ongoing development potential of this part of the city. Coupled with the continuing dominance of Gouger Street as a food and hospitality precinct, 31-33 Wright Court is extremely well-placed for future development.

We strongly recommend this fantastic development opportunity for your consideration.

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