CBD Value Add Opportunity
225 Pulteney Street Adelaide SA 5000
Key Property Highlights
| Building Area | 450 sqm |
|---|---|
| Land Area | 398 sqm |
| Listing Status | Sold |
Cushman & Wakefield is pleased to present for sale 225 Pulteney Street, Adelaide – a fantastic CBD property with immense potential.
The property comprises approximately 450sqm of adaptable showroom / office space in a key, well trafficked part of the CBD in close proximity to Calvary Adelaide Hospital, and within a short walk of Victoria Square, Rundle Mall and the Adelaide Central Markets.
The property offers an exceptional opportunity for investment or owner occupation, with a monthly lease to the Church of Scientology providing short term income while future plans are contemplated.
225 Pulteney Street is well suited to a range of alternative uses including retail showroom, boutique offices, consulting rooms, or alternatively a full redevelopment to take advantage of the site’s Capital City zoning and 53 metre height limits (all subject to usual consents).
Key property highlights:
- Prime Pulteney Street address
- 450sqm building area (approx.)
- 398sqm site area (approx.)
- Close to Calvary Adelaide Hospital, Rundle Mall, Adelaide Central Market
- Monthly lease agreement in place providing holding income
- No Stamp Duty
225 Pulteney Street, Adelaide is offered for sale by Expression of Interest closing 4pm Thursday 27 June 2024.
For more information or to arrange an inspection please contact the exclusive selling agents.
RLA 315 726