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32 South Terrace Adelaide SA 5000

  • Offices
  • Floor Size668 m²
  • PriceFor Sale, CONTACT AGENT

Standalone corporate office

32 South Terrace, Adelaide offers a fantastic opportunity for owner-occupiers, investors, and developers to secure prime real estate in the tightly held frame precinct of the Adelaide CBD.

Located between West Terrace and Morphett Street, the property comprises a rectangular site of 668 square metres (approx.). A two level office building of approximately 730 square metres is erected on site above under croft car parking for 15 vehicles.

The relocation in the short term of the current occupier allows purchasers the opportunity to unlock significant refurbishment potential and reposition the property to suit their needs or the needs of the market.

Increased height limits in the precinct allow for higher density development along major corridors, particularly in the form of residential and mixed-use development. This development potential underpins your investment and provides immense future development opportunities.

The property is perfectly suited to owner-occupiers or investors looking to reposition and reap the rewards. We highlight the key property features below:
Prime location fronting South Terrace 
Panoramic views over the South Parklands 
668 square metres site with rear lane access 
Standalone corporate office 
Two level building of 730 square metres (approx.) 
Under croft parking for up to 15 vehicles
Offered vacant possession or short term lease back
Further development potential (stnc)
We envisage interest will come from value-add investors, owner-occupiers and buyers interested in the longer term redevelopment opportunities. JLL is pleased to offer 32 South Terrace, Adelaide to the market and we strongly endorse the property for your serious consideration.

32 South Terrace, Adelaide is offered for sale by Expression of Interest, closing 2pm Tuesday 23 July 2019.

Please contact exclusive selling agents JLL to arrange an inspection with any queries.

JLL RLA 1842

Property Highlights

Property ID2015395495
Floor Area668 m²
Land Area730 m²
ParkingAsk Agent
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  9 Jul 2019
Map for 32 South Terrace Adelaide SA 5000
JLL - Adelaide
Level 18, Grenfell Centre 25 Grenfell St Adelaide SA 5000

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