Colliers and McGees are delighted to offer the freehold sale of 74-80 Melbourne Street, North Adelaide.
A brilliantly positioned High Street land holding of 1,526 square metres* occupied by commercial, allied health and retail tenancies with tremendous and immediate development potential^ due to the flexible zoning, dual frontage, scale of the site and development clauses within all leases.
Fully occupied with 6 tenants, this strategically located opportunity provides strong holding income, incredible frontage and exposure on one of Adelaide’s most iconic High Streets in the affluent suburb of North Adelaide.
Representing exceptional redevelopment potential, the consolidated site comprises three Certificates of Title underpinned by favourable City Main Street and City Living Zoning within Adelaide City Council.
Key Features:
• 1,526 square metres* land holding allowing for significant redevelopment options^
• All Lease Agreements contain development clauses
• 547 square metres* of total building area
• Iconic Melbourne Street address just 2.5 kilometres* from Adelaide CBD
• Dual frontage to Melbourne Street and Sussex Street
• Rear vehicle access from Sussex Street
• Walking distance to the best amenity in North Adelaide
• Favourable City Main Street and City Living Zoning
• Fully leased to 6 tenants providing valuable holding income
• Three Certificates of Title
• Ideal for developers, investors and future owner occupiers
*approx.
^stnc
For Sale by Private Treaty.
For further information or to arrange an inspection, please contact the agents.
Remember to mention you found this property on DevelopmentReady
Colliers and McGees are delighted to offer the freehold sale of 74-80 Melbourne Street, North Adelaide.
A brilliantly positioned High Street land holding of 1,526 square metres* occupied by commercial, allied health and retail tenancies with tremendous and immediate development potential^ due to the flexible zoning, dual frontage, scale of the site and development clauses within all leases.
Fully occupied with 6 tenants, this strategically located opportunity provides strong holding income, incredible frontage and exposure on one of Adelaide’s most iconic High Streets in the affluent suburb of North Adelaide.
Representing exceptional redevelopment potential, the consolidated site comprises three Certificates of Title underpinned by favourable City Main Street and City Living Zoning within Adelaide City Council.
Key Features:
• 1,526 square metres* land holding allowing for significant redevelopment options^
• All Lease Agreements contain development clauses
• 547 square metres* of total building area
• Iconic Melbourne Street address just 2.5 kilometres* from Adelaide CBD
• Dual frontage to Melbourne Street and Sussex Street
• Rear vehicle access from Sussex Street
• Walking distance to the best amenity in North Adelaide
• Favourable City Main Street and City Living Zoning
• Fully leased to 6 tenants providing valuable holding income
• Three Certificates of Title
• Ideal for developers, investors and future owner occupiers
*approx.
^stnc
For Sale by Private Treaty.
For further information or to arrange an inspection, please contact the agents.
Remember to mention you found this property on DevelopmentReady