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Strategically located in the southern King William Street precinct, 422 King William Street provides boutique office accommodation underpinned by a substantial CBD landholding.
The asset offers an enviable cash flow from strong tenant covenants and strategic medium to long term development potential to residential, office, hotel or mixed use via the 1,780sqm landholding and prime King William Street address. Future developments can take advantage of 360-degree views over the Adelaide Park lands, CBD and metro Adelaide.
Key Features Include:
• Land rich Investment, large Site area of 1,780sqm*
• Estimated Fully Leased Net Income $665,000* per annum
• Enormous development potential
• Substantial recent internal refurbishments
• 4.5 Star NABERS Energy Rating
• Capital City Zoning – 53m height limit
• Zero Stamp Duty
For Sale by Private Treaty.
*approx.
Cushman & Wakefield
RLA 315 726
Jed Harley
0418 807 920
jed.harley@cushwake.com
Sam Alexander
0457 888 213
sam.alexander@cushwake.com
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