209-221 Franklin Street, Adelaide, SA, 5000

CBRE is pleased to offer to market 209-221 Franklin Street, Adelaide for sale via our National District Expression of Interest campaign.

The investment has the following key highlights:

+ Substantial CBD corner site offering of 2,632sqm* across four titles, spanning over 70m on the south side of Franklin Street

+ Favourable Capital City zoning, benefiting from the recently revised Planning and Design Code, allowing developments of up to 60 metres for sites in this western precinct (STCC)

+ Strong holding income of $350,000 net with the 3-year lease agreement to mid-2028, providing security while working through planning applications to unlock the sites’ full potential

+ Valuable redevelopment clauses within the lease to allow flexibility of the project timeline

+ High-quality retail showroom and commercial facilities potentially suiting owner-occupiers also

+ Prominent high exposure site with multiple frontages to Franklin Street and Morney Street

+ Close proximity to several of the state’s most significant establishments, anchored by the Royal Adelaide Hospital, Adelaide University Facilities, Chinatown, and the CBD core.

+ No stamp-duty payable on commercial assets in South Australia

For Sale via Expression of Interest closing 4:00pm ACST Thursday 11th June 2026

*Approximately

RLA208125

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