208-216 Gouger Street, Adelaide, SA, 5000

CBRE and Negotiators are excited to present to market this highly unique island site in the West-end of town. The property comprises 6 strata-titled units, all being sold in one line, giving an incoming purchaser complete control over the asset.

With 5 tenants spread across the 6 units, the property is currently offering a $132,252* estimated net return. There is uniformity across the leases, introducing a redevelopment clause from May 2026 in each lease. This gives further flexibility to the investment opportunity here.

Sitting across the road from the Kennards x Tim Gurner project site, there are a range of potential benefits to be seen through ownership of this site.

The island site covers 1,728sqm* and sits within the Capital City zoning allowing up to 53m of development (STCC).

The key investment highlights include:

- Fully leased with development clauses applicable from 1/5/26

- Prime 1,728sqm* island site

- Almost 60m frontage to Gouger Street

- Flexible Capital City zoning

- 6 strata units being sold in one line

- Moments down the road from Chinatown and the exciting Market Square development

For Sale via Public Auction on Friday the 7th of November at 11:00am

For more information about this exciting opportunity, then please connect with the Exclusive Marketing Agents:

CBRE

Ned Looker | 0448 689 573

Negotiators

George Zogopoulos | 0412 824 278

Remember to mention you found this property on CommercialReady