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96-100 Grote Street Adelaide SA 5000

  • Hotel, Motel, Pub & Leisure
  • 767 m²
  • For Sale, Contact Agent

DINNER AND A SHOW

  • 1,450sqm* prominent corner site
  • Stones throw from the Market Square
  • Flexible tenure with healthy rent return

96-100 Grote Street is a key part of the Chinatown Precinct in SA located directly opposite the Lions at the northern end of Moonta Street. With constantly active nightlife, plentiful street parking, and access to the main thoroughfares through the Adelaide CBD there is a lot on offer here for investors looking to secure a significant Adelaide holding.

This 767sqm* space is tenanted by Tangritah Uyghur Restaurant and Star Academy Dance Studio paying $159,457* net per annum. With strong holding income already in place 96-100 Grote Street is an ideal investment for groups looking for future flexibility.

With the upcoming Market Square redevelopment just across the road, there will be a huge uplift to the local area with a modern quality office space, retail market 'hub' and a hotel and apartment offering all in the one spot. The $400,000,000 price tag will be sure to have run-on affects to the immediate area and we expect 96-100 Grote Street will see benefit.

Key investment highlights include:
- Multi tenanted Chinatown investment
- Estimated net rental of $159,457*
- 1,450sqm* corner site
- 8* on site car parks
- Capital City zoning for 53meters
- Perfectly positioned near the planned 'Market Square' redevelopment
- Expansion opportunities in current tenancy mix

For sale via Expressions of Interest closing at 4:00pm on the 30th of September

Harry Einarson
Ned Looker
Jing Jun (JJ) Heng

*Approximately

Harry Einarson
CBRE South Australia RLA 208125
Harry Einarson
CBRE South Australia RLA 208125
Ned Looker
CBRE South Australia RLA 208125
Ned Looker
CBRE South Australia RLA 208125
Jing Jun (JJ) Heng
CBRE South Australia RLA 208125
Jing Jun (JJ) Heng
CBRE South Australia RLA 208125

Property Highlights

Property ID2017226562
Floor Area767 m²
Land Area1,450 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  24 Sep 2021
Map for 96-100 Grote Street Adelaide SA 5000
Map for 96-100 Grote Street Adelaide SA 500096-100 Grote Street Adelaide SA 5000
Harry Einarson
CBRE South Australia RLA 208125
Harry Einarson
CBRE South Australia RLA 208125
Ned Looker
CBRE South Australia RLA 208125
Ned Looker
CBRE South Australia RLA 208125
Jing Jun (JJ) Heng
CBRE South Australia RLA 208125
Jing Jun (JJ) Heng
CBRE South Australia RLA 208125

Property Highlights

Property ID2017226562
Floor Area767 m²
Land Area1,450 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  24 Sep 2021
CBRE South Australia RLA 208125
Level 5 151 Pirie Street Adelaide SA 5000
Harry Einarson
CBRE South Australia RLA 208125
Harry Einarson
CBRE South Australia RLA 208125
Ned Looker
CBRE South Australia RLA 208125
Ned Looker
CBRE South Australia RLA 208125
Jing Jun (JJ) Heng
CBRE South Australia RLA 208125
Jing Jun (JJ) Heng
CBRE South Australia RLA 208125
Harry Einarson

Harry Einarson

CBRE South Australia RLA 208125

Ned Looker

Ned Looker

CBRE South Australia RLA 208125

Jing Jun (JJ) Heng

Jing Jun (JJ) Heng

CBRE South Australia RLA 208125

+614 *** ***
+61421 747 442

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