Commercial: Office / Retail, Other
Large Adelaide CBD development site with valuable holding income
JLL is pleased to present 154 Angas Street & 20 Gunson Street, Adelaide for sale by private treaty.
The property is perfectly located on the corner of Angas Street and Gunson Street in the east side of the CBD. The eastern side of the City of Adelaide is ever-popular and provides exceptional amenity for both commercial, residential and medical land users.
The property is a short walk from the food and hospitality hot spot of Hutt Street, together with the emerging residential precinct on Flinders Street.
The location is poised for immense growth with the recent development and opening of the new Calvary Adelaide Hospital just 100 metres away at the corner of Pulteney and Angas Streets. This will bring a high volume of additional visitation to the immediate vicinity and is expected to create positive flow on effects in the area.
We highlight the key property features below:
• Site area of 1,909 sqm*
• Current improvements of 2,007sqm* over two buildings
• Holding income of $126,448* per annum net
• Great corner position, with two street frontages
• Capital City zoned, 53 metre height limits
The property is offered for sale by private treaty.
For more information or to arrange an inspection, please contact exclusive selling agent JLL.
JLL RLA 1842
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