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209-221 Franklin Street, Adelaide, SA 5000

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209-221 Franklin Street, Adelaide, SA 5000

Adelaide Cbd

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209-221 Franklin Street, Adelaide, SA 5000
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209-221 Franklin Street, Adelaide, SA 5000

209-221 Franklin Street, Adelaide, SA 5000

Properties / Buy / South Australia / Adelaide Cbd
Development Potential
Property Type
Commercial
Sub Type
Retail/Shopping Centre
Land Area
2,632 m² (*approx)
Zoning
Capital City Zoning
LGA
City of Adelaide
Selling Method
EOI: Contact Agent
DOCUMENTS AVAILABLE
Request Access
EOI Closing Date
11 Jun 2026 04:00PM
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Landmark CBD Corner Site Offering Unbeatable Flexibility
  • Substantial CBD offering of 2,632sqm*
  • Strong holding income with redevelopment
  • Expansive frontage of over 70m*

CBRE is pleased to offer to market 209-221 Franklin Street, Adelaide for sale via our National District Expression of Interest campaign.

The investment has the following key highlights:

+ Substantial CBD corner site offering of 2,632sqm* across four titles, spanning over 70m on the south side of Franklin Street

+ Favourable Capital City zoning, benefiting from the recently revised Planning and Design Code, allowing developments of up to 60 metres for sites in this western precinct (STCC)

+ Strong holding income of $350,000 net with the 3-year lease agreement to mid-2028, providing security while working through planning applications to unlock the sites’ full potential

+ Valuable redevelopment clauses within the lease to allow flexibility of the project timeline

+ High-quality retail showroom and commercial facilities potentially suiting owner-occupiers also

+ Prominent high exposure site with multiple frontages to Franklin Street and Morney Street

+ Close proximity to several of the state’s most significant establishments, anchored by the Royal Adelaide Hospital, Adelaide University Facilities, Chinatown, and the CBD core.

+ No stamp-duty payable on commercial assets in South Australia

For Sale via Expression of Interest closing 4:00pm ACST Thursday 11th June 2026

*Approximately

RLA208125

Remember to mention you found this property on DevelopmentReady

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Dataroom
Development Potential

209-221 Franklin Street Development Site Summary

Property Type
Commercial
Sub-type
Retail/Shopping Centre
Land Area
2,632 m² (*approx)
Zoning
Capital City Zoning
LGA
City of Adelaide
Selling method
EOI: Contact Agent
DOCUMENTS AVAILABLE
Gain Access
EOI Closing Date
11 Jun 2026 04:00PM
Add to calendar

Development Site Highlights

Landmark CBD Corner Site Offering Unbeatable Flexibility
  • Substantial CBD offering of 2,632sqm*
  • Strong holding income with redevelopment
  • Expansive frontage of over 70m*

CBRE is pleased to offer to market 209-221 Franklin Street, Adelaide for sale via our National District Expression of Interest campaign.

The investment has the following key highlights:

+ Substantial CBD corner site offering of 2,632sqm* across four titles, spanning over 70m on the south side of Franklin Street

+ Favourable Capital City zoning, benefiting from the recently revised Planning and Design Code, allowing developments of up to 60 metres for sites in this western precinct (STCC)

+ Strong holding income of $350,000 net with the 3-year lease agreement to mid-2028, providing security while working through planning applications to unlock the sites’ full potential

+ Valuable redevelopment clauses within the lease to allow flexibility of the project timeline

+ High-quality retail showroom and commercial facilities potentially suiting owner-occupiers also

+ Prominent high exposure site with multiple frontages to Franklin Street and Morney Street

+ Close proximity to several of the state’s most significant establishments, anchored by the Royal Adelaide Hospital, Adelaide University Facilities, Chinatown, and the CBD core.

+ No stamp-duty payable on commercial assets in South Australia

For Sale via Expression of Interest closing 4:00pm ACST Thursday 11th June 2026

*Approximately

RLA208125

Remember to mention you found this property on DevelopmentReady

Read More
Dataroom
Development Potential
Oliver Grivell
Oliver Grivell
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Ned Looker
Ned Looker
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Rhyce Scott
Rhyce Scott
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Oliver Grivell
Oliver Grivell
+61 *** *** *** show +61 478 069 579
Message Message
+61 478 069 579 [email protected] Message
Ned Looker
Ned Looker
+61 *** *** *** show +61 448 689 573
Message Message
+61 448 689 573 [email protected] Message
Rhyce Scott
Rhyce Scott
+61 *** *** *** show +61 422 960 585
Message Message
+61 422 960 585 [email protected] Message

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209-221 Franklin Street, Adelaide, SA 5000

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209-221 Franklin Street, Adelaide, SA 5000 Adelaide Cbd
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CBRE - South Australia
CBRE - South Australia
Level 20, 83 Pirie St, Adelaide SA 5000
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Oliver Grivell
Oliver Grivell
+61 *** *** *** show +61 478 069 579
Ned Looker
Ned Looker
+61 *** *** *** show +61 448 689 573
Rhyce Scott
Rhyce Scott
+61 *** *** *** show +61 422 960 585
Enquire