Property ID: 1P5937

43-69 Sturt Street Adelaide SA

Expressions of Interest
  • Development
  • For Sale
  • 7418 sqm
Landmark Opportunity to Create a Legacy Project!
Exclusive selling agents City Realty are pleased to offer to the market the opportunity to purchase 43-69 Sturt Street, Adelaide.

This mixed-use development site comprising a total of approximately 7,418 square meters is available as a whole or three smaller parcels. Perfectly positioned for any future project to champion and benefit from critical amenity sitting right at the sites doorstep, future users will love the access to Central Markets, Gouger Street Precinct, South Parklands, King William Street Tram Line and Victoria Square.

With extensive frontages to four streets including premium Gilbert Street and Sturt Street segments, this landmark site represents an incredible opportunity for a developer or multiple parties to create and leave a legacy development within the Adelaide City boundary.

Presently, a portion of the site cornering Sturt Street and Myers Street is occupied under commercial terms via City Realty, with further casual parking provided and accessed via Myers Street. Together these provide a healthy income to assist with holding costs over the land.

The balance of the land is vacant and includes considerable excavation work (multi-level basement carpark) fronting the Gilbert Street and Norman Street corner of the site.

Further property details and Parcel breakdowns are available by way of an Information Memorandum which can be made available on request. The land is available as a whole and includes the following parcels:

Parcel 1: 1,816m2
Parcel 2: 2,806m2
Parcel 3: 2,796m2

For sale by way of Expressions of Interest, closing at 2pm Wednesday 18th May, 2022 (ACST).

Disclaimer:
This advert contains information and imagery which is believed to be accurate based on City Realty sources and/ or inspections of the property before or at the time of advertising. Prospective buyers or other parties should make their own inquiries about the validity and accuracy of this information and view the property before making any offers. Our privacy policy is available at www.cityrealty.com.au | RLA 262 481
Features
  • City Views
  • Close to Schools
  • Close to Shops
  • Close to Transport

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