42 Melbourne Street North Adelaide SA 5006

Following historic success in the area, the CBRE Team are excited to bring to market 42 Melbourne Street, North Adelaide, the home of Zapatas Mexican Restaurant. Now, the opportunity is presented for an owner occupier to come in and utilise the commercial kitchen and existing restaurant space and licenses, or have a developer come in and utilise the vertical potential of the City Main street (City High Street) zoning, within the Adelaide City Council.

The 460sqm* site offers a developer an exciting opportunity to develop a 4-storey (STCC) mixed use building, offering a busy street presence for a retail or commercial ground floor user with exciting appeal to the upper floors residences or office spaces.

North Adelaide is currently seeing great activation with the recent sale of the Lutheran Church site, the near completion of 88 O'Connell, and the exciting office development along Melbourne Street.

We are excited to present this property to the market, and highlight the key items of the campaign:
- 460sqm* land holding
- City Main Street (City High Street) zoning in the Adelaide City Council
- 235sqm* restaurant with over 40 years of trade history
- Opportunity of occupy, invest, or redevelop
- Valuable 3-bedroom residence (91sqm*) annexed to the rear

The property will be sold via expressions of interest closing on the 19th of September at 4:00pm

For more information please contact the sole marketing agents from CBRE:
Ned Looker: 0448 689 573
Rhyce Scott: 0422 960 585
Oliver Grivell: 0478 069 579