Ray White Adelaide Group is proud to offer to the market 180 - 188 Grote Street, Adelaide
Leon Yuan and George Kargiotis are here to help you secure a prime CBD development site of approximately 730 square metres.
The property is superbly located on the north eastern corner of Grote Street and Byron Place, just 150 metres west of Morphett Street and is a short walk from major tourist, city worker and resident attractions including Chinatown, Adelaide Central Market, Adelaide Bus Station, Gouger Street and Victoria Square.
This property has improvements which include a bright large showroom, display yard and warehouse, currently lease until 29th August 2020 for $130,000p.a. plus GST
The zoning of the property is Capital City with a prescribed height limit of 53 metres and is well-located to suit a plethora of uses which include - residential, mixed use or commercial development including apartments, short term visitor accommodation, student accommodation, offices, retail or a mix of these uses (all development remains subject to statutory approvals).
Points of Interest are:
•Corner site of 730 square metres (approx.) with frontages to Grote Street and Byron Place
•Located in close proximity to Chinatown, Adelaide Central Market and Gouger Street precinct
•Functional existing improvements, suitable for a variety of uses (stnc) and with the ability to generate significant income
•Currently lease in place giving you an income whilst you make your applications
•Zoned Capital City with prescribed height limit of 53 metres
Vendors are keen for sale so please make your interest known!
Date: Thursday 16th May, 2019
Time: 6:00pm for a 6:30pm start
Location: The Arkaba Hotel - 150 Glen Osmond Rd, Fullarton
Vendors Statement: The vendor's statement may be inspected at 742 Anzac Highway, Glenelg, for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.
For more details, please email agent