11-13 Gilbert Street Adelaide SA 5000

11-13 Gilbert Street, Adelaide provides a fantastic investment opportunity to investors of all sectors of the market in conjunction with true development upside long-term. Located in a burgeoning sector of the CBD and just metres from the King William Street tram-line, this property offers a well-placed boutique office investment with potential to develop up to 53 metres with very flexible zoning.

The surrounding area has undergone significant revitalisation highlighted by the success of Vue Apartments to the South of the site and exceptional local businesses in Tell Henry and Prohibition Gin opening up just a short walk down the road.

We further highlight the key investment and long-term development prospects for a savvy investor or land banker:
- Net rental of $104,835pa*
- Land area of 331sqm*
- NLA of 303sqm*
- Recently refurbished space as of 2011 converting saw-tooth warehousing into modern and open plan offices with fantastic natural light.
- Existing lease to MSM Legal Pty Ltd expiring May 2022 with 1x5 year right to renew
- Capital City Zoning allowing development up to 53m
- 50m* walk to King William Street tram-line.

For further information please contact exclusive marketing agents CBRE:

Mitch Curnow – 0415 494 056
Rhyce Scott - 0422 960 585

RLA 208125 *Approximatley