|Last Updated Date||26 Jun 2020|
On behalf of Karidis Corporation Limited, JLL is proud to offer 47-53 Light Square & 141-149 Currie Street, Adelaide for sale.
The property offers an outstanding and rare opportunity to acquire a prime piece of real estate in the Adelaide CBD offering incredible amenity by virtue of its frontage and aspect overlooking Light Square.
The property is ideally suited to developers, owner occupiers and investors looking to capitalise on the significant income from the existing car park and improvements whilst planning and undertaking their proposed redevelopment of the site.
The property is offered with vacant possession.
JLL is excited to bring this opportunity to the market and looks forward to assisting purchasers in their understanding of the potential that can be generated from its future ownership and ultimate redevelopment.
For more information or to arrange an inspection of the property please contact exclusive selling agent JLL. Inspections strictly by appointment only.
- Large development site of 3,267sqm* with multiple street frontages
- 260 bay six level multi deck car parking station
- Open lot car park for 72 cars
- Substantial and functional existing improvements able to generate immediate holding income or occupancy
- General & Hotel Licence for 634 people and Gaming Machine Entitlements for 20 machines
- Capital City Zone providing huge scope for redevelopment – 53 metre height limit envisaged
- Estimated imputed net income circa $900,000 pa