Underpinned by its valuable holding income, favourable planning and strategic location, Knight Frank is excited to bring to the market 133 Franklin Street a perfectly positioned site centred between the Adelaide CBD, the Central Market and Chinatown precincts.
Key points:
- Rare Adelaide CBD landholding of 479 sqm* with dual street frontage
- Zoned Capital City with max building height of 53m
- Planning and locational merit allows for a myriad of development uses
- Leased on a 5 year term from October 2022 to long standing specialist consulting rooms
- Landlord favourable terms with redevelopment clause included
- Holding income of $85,000 pa gross plus GST
- Perfectly positioned with metres of the Adelaide Central Markets, Chinatown and the city’s core Business District
- Built form provides well-presented professional consulting rooms plus 9 on-site car parks
Sold before Auction!
*Approx.
Remember to mention you found this property on CommercialReady
133 Franklin Street, ADELAIDE, SA, 5000