On behalf of Renewal SA, JLL is proud to present to market for sale, a landmark corner development site of scale situated at 274-275 North Terrace, Adelaide.
Opportunity at a glance:
2,747sqm* site area
Near island site with triple street frontage (North Terrace, Frome Road, Vaughan Place)
Potential for uninterrupted views of Adelaide Oval, the Adelaide Hills, Park Lands and Adelaide Botanic Garden.
Flexible development options of scale (residential, build-to-rent, hotel, student accommodation) with ground floor retail, commercial, and hospitality opportunities
Premium North Terrace location in Adelaide's East End opposite Lot Fourteen and Adelaide University
274-275 North Terrace represents an extraordinary opportunity for a landmark development that will redefine Adelaide's iconic North Terrace skyline. This rare premium triple-street frontage site offers unmatched potential for uninterrupted views of Adelaide Oval, the Adelaide Hills, Park Lands, and Adelaide Botanic Garden.
Renewal SA has combined two development sites, unlocking a key corner position and adding enormous development potential for scale and flexibility. The site is ideally positioned to cater for substantial existing and future projected demand for a diverse range of accommodation outcomes.
The Renewal SA is undertaking an Expression of Interest (EOI) process to identify a developer with a strong track record in delivering high-quality mid-rise and high-rise developments to purchase the freehold interest in the land and commit to timely commencement of new housing and/or accommodation outcomes in the Adelaide CBD.
Expression of Interest close Wednesday 18 December 2024 2pm (ACDT)
For further information, please contact the exclusive agents at JLL.