Colliers & JLL has been appointed as sole and exclusive agents for the freehold sale of this exceptional development or occupier opportunity at 153-161 Wakefield Street, Adelaide, South Australia.
The property presents as an outstanding and exceptionally rare opportunity to acquire a high-calibre asset in Adelaide’s evolving mixed-use eastern precinct. The location offers incredible amenity by benefiting from its proximity to the East End, Hutt Street, Central Markets, legal precinct, medical and civic uses, as well as the Adelaide Parklands.
Key Asset Highlights include:
• 2,715sqm* site area with three street frontages
• Net Lettable Area of 2,540sqm*
• Partially leased, providing a holding income
• Tightly held CBD location
• Capital City Zoning with prescribed height limit of 53 metres^
• No Stamp Duty
The substantial building presents an opportunity and flexibility to owner occupy or lease the vacant space to increase income.
The site provides development flexibility with three street frontages and a total area of 2,715sqm* enjoying access from Wakefield, Cypress, and Gunson Streets. The property is contained in two Certificates of Title.
*approx
^STCA
153-161 Wakefield Street, Adelaide, is offered for sale by Expressions of Interest closing Thursday 14 May 2026 at 2pm (ACST).
Remember to mention you found this property on DevelopmentReady
Colliers & JLL has been appointed as sole and exclusive agents for the freehold sale of this exceptional development or occupier opportunity at 153-161 Wakefield Street, Adelaide, South Australia.
The property presents as an outstanding and exceptionally rare opportunity to acquire a high-calibre asset in Adelaide’s evolving mixed-use eastern precinct. The location offers incredible amenity by benefiting from its proximity to the East End, Hutt Street, Central Markets, legal precinct, medical and civic uses, as well as the Adelaide Parklands.
Key Asset Highlights include:
• 2,715sqm* site area with three street frontages
• Net Lettable Area of 2,540sqm*
• Partially leased, providing a holding income
• Tightly held CBD location
• Capital City Zoning with prescribed height limit of 53 metres^
• No Stamp Duty
The substantial building presents an opportunity and flexibility to owner occupy or lease the vacant space to increase income.
The site provides development flexibility with three street frontages and a total area of 2,715sqm* enjoying access from Wakefield, Cypress, and Gunson Streets. The property is contained in two Certificates of Title.
*approx
^STCA
153-161 Wakefield Street, Adelaide, is offered for sale by Expressions of Interest closing Thursday 14 May 2026 at 2pm (ACST).
Remember to mention you found this property on DevelopmentReady
153-161 Wakefield Street, Adelaide, SA, 5000
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