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22-24 Gilbert Street
Adelaide SA 5000
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Sold on 28 Feb 2025

22-24 Gilbert Street Adelaide SA 5000

  • Development / Land
  • 760 m²
  • Sold

PRIME DEVELOPMENT ALLOTMENT IN ADELAIDE'S SOUTH END : CORNER SITE OF 760 M2* IMPRESSIVE HOLDING INCOME - UP TO 53M HEIGHT DEVELOPMENT (STCC)

Raine & Horne Commercial SA are proud to offer for sale this exceptional potential development site in Adelaide's CBD location.

Located meters from the GPO, law Courts, Central Market and a short walk or tram ride to Adelaide's premier shopping precinct, Rundle Mall and Adelaide Oval.

The property comprises prominent corner allotment of approximately 760 m2 with a frontage to Gilbert Street of 24.69 m and a frontage to Tapley Street 0f 30.78 m.

Currently leased to Prohibition Liquor Co Pty Ltd for s term of 5 + 5 + 5 years commencing 1st August 2019. The lease has a development clause which can be exercised after July 2026 providing ample opportunity for planning approvals etc whilst collecting good holding income (circa $100,000 pa net).

Zoning: Capital City Zone allowing up to 53m height development (subject to usual consents)

*All areas/dimensions approximate
RLA 283100

Raine & Horne Business & Commercial SA
Raine & Horne Business & Commercial SA
8 Greenhill Road
Wayville, SA 5034

Property Highlights

Date Sold28 Feb 2025
Floor Area756 m²
Land Area760 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Property ID2018584882
Category
Last updated  4 Mar 2025
Map for 22-24 Gilbert Street Adelaide SA 5000

Nearest transport* to 22-24 Gilbert Street Adelaide SA 5000

Bus
Train
Tram
Ferry
City South Tram Stop122 m
Stop Q1 King William St - West side132 m
City South Tram Stop148 m
Stop K1 King William St - East side168 m
This data is sourced on 26/11/2024 from Department for Infrastructure and Transport, South Australia, Adelaide Metro General Transit
*Within a 4km radius
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Raine & Horne Business & Commercial SA
Raine & Horne Business & Commercial SA
8 Greenhill Road
Wayville, SA 5034

Property Highlights

Date Sold28 Feb 2025
Floor Area756 m²
Land Area760 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Property ID2018584882
Category
Last updated  4 Mar 2025

Listed by

David Ente
David Ente
Raine & Horne Business & Commercial SA
Call
0412127653

More about 22-24 Gilbert Street Adelaide SA 5000

22-24 Gilbert Street Adelaide SA 5000 is categorized as Land & Development Property. It has a floor area of 756 m² and a land area of 760 m². The listing ID for this property is 2018584882.

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