North, West & Newmarket presents an extremely rare opportunity to acquire Adelaide’s most iconic privately owned healthcare development site. With high barriers to entry limiting new entrants and a scarcity of premium land holdings in established healthcare precincts, opportunities to acquire sites such as this are few and far between.
Located within Adelaide’s central health services precinct directly opposite the Royal Adelaide Hospital (RAH), the South Australian Health and Medical Research Institute (SAHMRI), the new Australian Bragg Centre for Proton Therapy and Research, the new Women’s and Children’s Hospital and the Adelaide University and University of South Australia’s education and tertiary facilities, the development site offers a unique opportunity for the delivery of wide ranging healthcare uses including an integrated clinical services hub for Government, clinical and support services and/or administrative functions. Regardless of the ultimate use, the importance of the site and its development potential are unquestionable.
The development potential across the 4,715sqm* of land and air rights over a further 278 square metres* with four street frontages to North Terrace, West Terrace, Newmarket Street and Rose Street, coupled with its strategically important locational context results in a once in a lifetime investment opportunity to undertake a major development of national significance.
For further information please contact Shalain Singh of Arrow Advisory Services (0429 336 446), Justin Hazell of Colliers (0414 232 022) or Ian Sanders of Colliers (0402 893 070).
Under instructions from Wexted Advisors.
*approximately.
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