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316-320 South Terrace Adelaide SA 5000

  • Offices
  • 480 m²
  • For Sale, $2,000,000

Architectural Landmark awaits new lease of life

This unique opportunity comprises the local heritage listed Davaar House most recently known as TPI House.

Constructed in 1846, the two-storey mansion has been described as an exceptionally fine example of a residence built in the High Victorian Italianate Style.

Davaar was built as a grand residence on South Terrace overlooking the beautiful Adelaide parklands. Consisting of 14 rooms, pantries, cellars, larder and bathrooms, the house was fitted up with every requirement for comfort and convenience. The dining and drawing rooms featured elegant bay windows, and the ceilings furnished with enriched cornices and centre flowers. The entrance-hall was handsomely finished having the main blackwood staircase located in the rear of the hall. The archival photos show Davaar was indeed a truly grand and beautiful residence.

Unfortunately over time Davaar slowly lost its brilliance with numerous alterations, additions of modern construction, and later abandonment, leaving it looking in a less than impressive state. This leaves Davaar now awaiting its new owner to take on the task of returning the building to its former brilliance and unlocking a multitude of possibilities in terms of future use.

Some of the work has already commenced with various restoration / refurbishment works undertaken including the removal of the later additions, re-roofing, and minor internal restorations.

The property is for sale by negotiation.

To discuss this opportunity further, please contact David Buenfeld or Lyndon Cocks.

RLA 287133

Property Highlights

Property ID2014472303
Floor Area480 m²
Land Area800 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityAsk Agent
Category
Last updated  20 May 2019
Map for 316-320 South Terrace Adelaide SA 5000
Belle Property Commercial Adelaide
177 Grote Street Adelaide SA 5000

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