43-69 Sturt Street Adelaide SA 5000
- Development / Land
- 7,418 m²
- Expressions of Interest
Landmark Opportunity to Create a Legacy Project!
Exclusive selling agents City Realty are pleased to offer to the market the opportunity to purchase 43-69 Sturt Street, Adelaide.
This mixed-use development site comprising a total of approximately 7,418 square meters is available as a whole or three smaller parcels. Perfectly positioned for any future project to champion and benefit from critical amenity sitting right at the sites doorstep, future users will love the access to Central Markets, Gouger Street Precinct, South Parklands, King William Street Tram Line and Victoria Square.
With extensive frontages to four streets including premium Gilbert Street and Sturt Street segments, this landmark site represents an incredible opportunity for a developer or multiple parties to create and leave a legacy development within the Adelaide City boundary.
Presently, a portion of the site cornering Sturt Street and Myers Street is occupied under commercial terms via City Realty, with further casual parking provided and accessed via Myers Street. Together these provide a healthy income to assist with holding costs over the land.
The balance of the land is vacant and includes considerable excavation work (multi-level basement carpark) fronting the Gilbert Street and Norman Street corner of the site.
Further property details and Parcel breakdowns are available by way of an Information Memorandum which can be made available on request. The land is available as a whole and includes the following parcels:
Parcel 1: 1,816m2
Parcel 2: 2,806m2
Parcel 3: 2,796m2
For sale by way of Expressions of Interest, closing at 2pm Wednesday 18th May, 2022 (ACST).
EXPRESSION OF INTEREST
|Closing date and time||18/05/2022 12:00|
|Recipient name||Ask Agent|
|Delivery address||Ask Agent|