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215-231 Grenfell St, 252-260 Pirie St, 247-259 Pirie St, 31-35 Worsnop Ave, Adelaide, SA 5000

215-231 Grenfell St, 252-260 Pirie St, 247-259 Pirie St, 31-35 Worsnop Ave, Adelaide, SA 5000

Land/Development

  • Sold Contact Agent
  • Wed 05-Dec-18

Unprecedented Adelaide CBD Land Holding

  • Premium landmark development location
  • Prospective Capital City zoning
  • Potential for valuable holding income

  • Land Area
  • 0.95ha (2.34 acres) (approx)
  • Floor Area
  • 9,477 m²
  • Last Updated
  • Jan 01, 2019

Interested in this property? Contact an Agent today

Colliers - ADELAIDE

Level 9, 121 King William Street

Adelaide SA 5000

Alistair Mackie, Colliers - ADELAIDE
Alistair Mackie
Paul Van-Reesema, Colliers - ADELAIDE
Paul Van-Reesema
Craig Shute, Colliers - ADELAIDE
Craig Shute

Unprecedented Adelaide CBD Land Holding

Colliers International is proud to act as sole and exclusive agent for the freehold sale of this unprecedented 1 hectare CBD land portfolio, in Grenfell Street, Pirie Street and Worsnop Avenue, Adelaide, South Australia.

The portfolio is located in Adelaide’s coveted eastern CBD precinct and offers rare and strategic redevelopment opportunities. Given the magnitude of the portfolio, It will appeal to the broader market including residential apartment, retirement apartment, student accommodation, hotel, medical, office and retail, and mixed use developers and operators. The assets have been in the ownership of the City Holden group since the 1970’s and offer a range of open space carparking, shedding, showroom and office accommodation with potential to generate significant holding income whilst development plans are worked up.

Offering a combined 9,477 sqm, the portfolio’s premier location, sheer magnitude, multiple street frontages, parcelling options, adaptable buildings with holding income potential and favourable zoning combine to enable a multitude of redevelopment opportunities that make this a truly exceptional opportunity.

Key Asset Highlights:

215-231 Grenfell St, 252-260 Pirie St, 247-259 Pirie St, 31-35 Worsnop Ave, Adelaide, SA 5000

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