200 Grote Street Adelaide SA 5000

CBRE are excited to present 200 Grote Street to market for our valued client Beaumont Tiles, who are looking to sell out of the site following a long, successful history of trade. The property is presented with a 3-year leaseback in place allowing developers and occupiers a clear path forward with the site.

The site boasts an impressive 1,130sqm* showroom that backs onto a 184sqm* warehouse used for valuable storage, creating a total lettable area of 1,365sqm*. This space is sat on a prominent land holding of 1,519sqm* on one of the CBD's busiest roads. 200 Grote Street is positioned in the desirable Capital City zoning with a 53m prescribed height limit, giving an incoming purchaser almost endless future development opportunities.

The key asset highlights include:
- 1,519sqm* prime CBD site
- Functional showroom/warehouse space of 1,365sqm*
- Capital City zoning allowing up to 53m of development
- Valuable 3-street frontage totalling 129m*
- Just a short walk from world class F&B options and Chinatown
- Sold with short term holding income of $275,000

For Sale via Expressions of Interest closing the 21st of March 2024 at 4:00pm

For more information contact the sole marketing agents from CBRE:
Ned Looker: +61 448 689 573
Rhyce Scott: +61 422 960 585

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