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SOLD

280 Gilbert Street, ADELAIDE, SA, 5000

Properties / Sold / South Australia / Adelaide Cbd

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Thursday, 25 of May at 11am (ACST).

Floor Area

210 m² (*approx)

Property Type

Offices

Sub-type

Office Suites

Terms

Short-term lease in place expiring 31 August 2023

Est. Income

$50,000 p/a

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2. Property Highlights

Versatile CBD office with upside

210 sqm* allotment
Available to occupy in September 2023
Occupy, invest or develop

Knight Frank Investment Sales are excited to present 280 Gilbert Street, Adelaide to the market for sale by Public Auction.

Positioned in the frame of the Adelaide CBD, the property offers functional office/showroom improvements well suited to owner occupiers. Alternatively, take advantage of the 3 levels mixed-use zoning provisions, and reposition the asset.

Key investment features include:

- Well-located within the south-western Adelaide CBD frame

- Chance to join the vibrant Gilbert Street precinct with ample retail, hospitality and residential uses directly surrounding

- Regular shaped allotment of 210sqm* with dual frontage to Maxwell Street

- Full site coverage with office/showroom built form of 210sqm*

- Favourable ‘City Living’ zoning allowing development up to 3 levels for mixed-use outcomes

- Short-term lease in place expiring 31 August 2023 with no extension/renewal

- No stamp duty or GST payable

280 Gilbert Street, Adelaide is offered for sale by Public Auction to be held on-site on Thursday, 25 of May at 11am (ACST).

For further information on this opportunity, please contact the exclusive marketing agents.

*Approx.

Remember to mention you found this property on CommercialReady

Property Type

Offices

Sub-type

Office Suites

Est. Income

$50,000 p/a

Terms

Short-term lease in place expiring 31 August 2023

Floor Area

210 m² (*approx)

Selling Method

Auction

Auction Date

25 May 2023 11:00AM

Add to calendar

Selling Details

Thursday, 25 of May at 11am (ACST).

2. Property Highlights

Versatile CBD office with upside

210 sqm* allotment
Available to occupy in September 2023
Occupy, invest or develop

Knight Frank Investment Sales are excited to present 280 Gilbert Street, Adelaide to the market for sale by Public Auction.

Key investment features include:

- Well-located within the south-western Adelaide CBD frame

- Chance to join the vibrant Gilbert Street precinct with ample retail, hospitality and residential uses directly surrounding

- Regular shaped allotment of 210sqm* with dual frontage to Maxwell Street

- Full site coverage with office/showroom built form of 210sqm*

- Favourable ‘City Living’ zoning allowing development up to 3 levels for mixed-use outcomes

- Short-term lease in place expiring 31 August 2023 with no extension/renewal

- No stamp duty or GST payable

280 Gilbert Street, Adelaide is offered for sale by Public Auction to be held on-site on Thursday, 25 of May at 11am (ACST).

For further information on this opportunity, please contact the exclusive marketing agents.

*Approx.

Remember to mention you found this property on CommercialReady

280 Gilbert Street, ADELAIDE, SA, 5000 Adelaide Cbd

Knight Frank - Adelaide

Level 29, Westpac House, 91 King William Street, Adelaide, SA 5000

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Industrial

Retail

Child/Healthcare

Hotel/Leisure

Offices

Farming

Other

280 Gilbert Street, ADELAIDE, SA, 5000