20-30 Crozier Street Port Adelaide SA 5015

Savills is pleased to present to the market 20-30 Crozier Street, Port Adelaide, an iconic Port Adelaide heritage woolstore providing an exciting investment / value add development opportunity which suits an array of outcomes with substantial holding income.

The historic sawtooth warehouse originally developed for wool storage in the 1900's offer an expansive 12,500 square metres of building area at ground level with an additional 2,390 square metres of mezzanine. There is additional hardstand / loading area at the southern end comprising approximately 2,500 square metres of area with 5 loading docks for access.

The existing buildings on the site have the potential to be repurposed for a variety of uses. Currently the improvements are leased to various tenants providing a substantial holding income in excess of $500,000 per annum gross.

This prime location boasts excellent transport links, being just a stone's throw from the Port River Expressway and the South Road Superway. The precinct is also located near the bustling Port Adelaide town centre, providing access to a wide range of amenities, including the nearby Pirate Life brewery and the significant Dock One residential master planned community just 300m north.

For Sale by Expressions of Interest closing Tuesday 4th April 2023 at 4pm (unless sold prior).

For any further information please contact the exclusive selling agents.

*Approximate
RLA1786