Lot 805 Administration Building 1 Tonsley Boulevard Tonsley Innovation District Tonsley SA 5042

Renewal SA is the freehold owner of Lot 805, 1 Tonsley Boulevard, Tonsley, known as the Administration Building. Located within the Tonsley Innovation District it sits approximately 12km South-west of the Adelaide CBD.

The Administration Building, constructed circa 1960's, is a 3-storey office building with 12,308sqm* lettable office area. The building is home to a number of thriving tenancies and holds valuable vacancy opportunities which gives no limitation to the potential outcomes that can be achieved at the site. Whether there is an owner occupier, investor or developer, this prominent 2.578ha* site is setup perfectly for anyone.

Situated within the Tonsley Innovation District, this site is located on the North-South Corridor and is close to the Adelaide Airport (12km, 16 minutes by car), Flinders Medical Centre (2km, 5 minutes by car or train) and has the Flinders train line close by - running along the western boundary of the district.

As of June 2025, the commercially leased areas within the Administration Building are expected to generate an estimated annual gross income of $1,030,050* for Renewal SA, derived from 13 tenancies occupying approximately 60% of the lettable area. Of the remaining vacancies, there is the original Mitsubishi Motors Australia office space of 3,206sqm together with 4 smaller vacant spaces allowing immediate value uplift or renovations to take place in the building.

- Gateway site area of 2.578ha*
- 195m* exposure along the North-South Corridor
- Significant refurbishment or development opportunity (STA)
- Expansive 12,308sqm* of lettable office area
- 197 car parking spaces
- Strategic Innovation Zoning

For Sale by Expression of Interest closing Thursday 13 March 2025 at 2:00pm (ACDT)

This property is being offered for sale on behalf of the South Australian Government's property development agency, Renewal SA. Renewal SA's role is to deliver lasting impact through property and projects for South Australia. Through the release of this property, Renewal SA aims to support job creation and increased economic activity for the state.

For more information, please contact one of the CBRE Sales Agents below. Last date for queries to EOI is Thursday 6 March 2025 at 2:00pm (ACDT).
Ned Looker | 0448 689 573
Ian Thomas | 0401 715 520
Rhyce Scott | 0422 960 585