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2. Property Highlights

Looking Great on Grote
  • 1,519*sqm prime CBD site
  • Valuable 3-street frontage
  • Functional 1,365sqm* improvements

CBRE are excited to present 200 Grote Street to market for our valued client Beaumont Tiles, who are looking to sell out of the site following a long, successful history of trade. The property is presented with a 3-year leaseback in place allowing developers and occupiers a clear path forward with the site.

The site boasts an impressive 1,130sqm* showroom that backs onto a 184sqm* warehouse used for valuable storage, creating a total lettable area of 1,365sqm*. This space is sat on a prominent land holding of 1,519sqm* on one of the CBD’s busiest roads. 200 Grote Street is positioned in the desirable Capital City zoning with a 53m prescribed height limit, giving an incoming purchaser almost endless future development opportunities.

The key asset highlights include:

- 1,519sqm* prime CBD site

- Functional showroom/warehouse space of 1,365sqm*

- Capital City zoning allowing up to 53m of development

- Valuable 3-street frontage totalling 129m*

- Just a short walk from world class F&B options and Chinatown

- Sold with short term holding income of $275,000

For Sale via Expressions of Interest closing the 21st of March 2024 at 4:00pm

For more information contact the sole marketing agents from CBRE:

Ned Looker: +61 448 689 573

Rhyce Scott: +61 422 960 585


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3. Property Location

200 Grote Street, Adelaide, SA 5000

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4. Due Diligence

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