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74-80 Melbourne Street
North Adelaide SA 5006
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74-80 Melbourne Street North Adelaide SA 5006

  • Shop & Retail
  • 547 m²
  • Expressions of Interest

North Adelaide mixed-use development or repositioning opportunity

  • 1,526sqm* site with dual street frontage
  • 100% leased, with development clauses
  • Valuable holding income

Colliers and McGees are delighted to offer the freehold sale of 74-80 Melbourne Street, North Adelaide.

A brilliantly positioned High Street land holding of 1,526 square metres* occupied by commercial, allied health and retail tenancies with tremendous and immediate development potential^ due to the flexible zoning, dual frontage, scale of the site and development clauses within all leases.

Fully occupied with 6 tenants, this strategically located opportunity provides strong holding income, incredible frontage and exposure on one of Adelaide's most iconic High Streets in the affluent suburb of North Adelaide.

Representing exceptional redevelopment potential, the consolidated site comprises three Certificates of Title underpinned by favourable City Main Street and City Living Zoning within Adelaide City Council.

Key Features:
• 1,526 square metres* land holding allowing for significant redevelopment options^
• All Lease Agreements contain development clauses
• 547 square metres* of total building area
• Iconic Melbourne Street address just 2.5 kilometres* from Adelaide CBD
• Dual frontage to Melbourne Street and Sussex Street
• Rear vehicle access from Sussex Street
• Walking distance to the best amenity in North Adelaide
• Favourable City Main Street and City Living Zoning
• Fully leased to 6 tenants providing valuable holding income
• Three Certificates of Title
• Ideal for developers, investors and future owner occupiers

*approx.
^stnc

For Sale by Expressions of Interest closing Thursday 19 September at 3pm (ACST).

For further information or to arrange an inspection, please contact the agents.

EXPRESSION OF INTEREST

Closing date and time19/09/2024 15:00
Recipient nameAsk Agent
Delivery addressthe offices of Colliers and McGees, Adelaide

Property Highlights

Floor Area547 m²
Land Area1,526 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019432497
Category
Last updated  27 Aug 2024
Map for 74-80 Melbourne Street North Adelaide SA 5006

Property Highlights

Floor Area547 m²
Land Area1,526 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019432497
Category
Last updated  27 Aug 2024

Co-Agents

Jordan Schmidt
Colliers International Adelaide
Call
+61403422762
Rhys Newman
Colliers International Adelaide
Call
+61 477 881 265
Simon Lambert
McGees Property Adelaide
Call
0408 846 999
James Juers
McGees Property Adelaide
Call
0438 442 909

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