Lot 101, Adam Street, Hindmarsh, SA, 5007

Acting under instructions from the Mortgagee, Klemco Property presents an inner suburban development site for sale by Expression of Interest.

Benefitting from dual street access, and situated immediately adjoining the Channel Seven studios and Adelaide Entertainment Centre, the property enjoys leasehold development rights for over 80 years.

The 2,606sqm* site, comprising 2,318sqm* plus an additional 286sqm*, by way of air rights, commands a substantial frontage to Adam Street. Any development will potentially enjoy expansive views over the Brewery Gardens, River Torrens Linear Park to the City and Parklands.

Well connected by the Free City Tram, the precinct is easily accessible to the new Women’s and Children’s Hospital (under construction), Royal Adelaide Hospital, City and University. 

The Suburban Activity Zone is considered to provide a high level of flexibility for a range of commercial, retail, hospitality, tourism and residential land uses, subject to normal statutory consents.

This is an unrivalled opportunity to capitalise on this prime inner western precinct.

Key Highlights

·      Access from both Port Road and Adam Street,

·      Key location adjoining Channel Seven and Adelaide Entertainment Centre,

·      Aspect over Adam Street to the River Torrens Linear Park,

·      Site area of approximately 2,606sqm including air rights of 286sqm,

·      Free City Tram links to the University, City and RAH, and

·      Flexibility offered by Suburban Activity Centre zoning.

Method of Sale

The leasehold interest is offered for sale by Expression of Interest.

Expressions of Interest close 4pm 30 August 2024.

Details

Roger Klem

Klemco Property

RLA 315097  *approximately