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11-13 Penny Place, ADELAIDE, SA 5000

2. Property Highlights

CBD DEVELOPMENT SITE /// LOW AUCTION RESERVE SET
  • 712sqm* of land
  • 32m* Frontage to Penny Place
  • Zoned Capital City (STCC)

CBRE Metropolitan Investments are pleased to offer to market a fantastic CBD development site in close proximity to the Adelaide Law Courts. 13 Penny Place sits amongst Flagship Groups highly successful residential developments in ‘Kodo’ and ‘Penny Place’ and benefits from a significant infrastructure investment creating a sensational streetscape for patrons to live and work.

13 Penny Place is highly flexible suited to an owner occupier or developer seeking to implement either a boutique office project or residential use. We further highlight the below investment criteria for consideration:

• 712sqm of land area with developable footprint approx 475sqm* NLA

• 32m* frontage to Penny Place

• Zoned Capital City with no prescribed height limit (STCC)

• 200m* from CBD Law Courts & Victoria Square

• Existing Planning Consent for 5-level premium office building

For Sale by Public Auction onsite Thursday 3rd November 2022 onsite @ 11:00am

Please contact the sole marketing agents with any other questions:

Mitch Curnow: +61 415 494 056

Harry Einarson: +61 421 747 442

Remember to mention you found this property on DevelopmentReady

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3. Property Location

11-13 Penny Place, ADELAIDE, SA 5000

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4. Due Diligence

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11-13 Penny Place, ADELAIDE, SA 5000 Adelaide Cbd
CBRE - South Australia
CBRE - South Australia
Level 5, 151 Pirie Street, Adelaide, SA 5000
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