NEAR CITY 'CORPORATE HQ' SUPER SITE

12-22 Richmond Road, Keswick, South Australia 5035

Office For Sale

Expressions of Interest. EOI Date 28 Nov 2018
Land Area: 4,217.00 m2.    Floor Area: 1,240.00 m2.    

Building Class: B
Car Spaces: 50   Energy Efficiency: 3   

Description

Colliers International and Knight Frank are pleased to bring to market, on behalf of our valued client, 12-22 Richmond Road, Keswick, a prominent commercial office building, providing astute buyers with the opportunity to own and occupy, land bank for future development or re-position to add immediate value.

Near-City super sites, suiting genuine 'Corporate HQ' potential, are limited in supply, and as such, we draw buyers' attention to the property’s key investment features:

• Prominent 4,217sqm* corner super site dominantly fronting Richmond Road, setting the scene for its 'Corporate HQ' suitability

• Well-presented and adaptable 1,240sqm* two-storey commercial office building, offering immediate refurbishment value-add

• Fully leased imputed net income of $306,661 p.a.* (plus GST) establishes substantial income profile

• Extensive three (3) street frontage ensures increased development outcomes, whilst encouraging multiple uses

• An abundance of 50 valuable at-grade carparks, providing the opportunity to increase income through parking management joint venture

• Located on the edge of the traditional 'fringe' office precinct, approximately 1 kilometre* south west from the Adelaide CBD

• Strategically positioned close to public transport and only 200 metres* to the Adelaide Showground Railway Station providing direct access to the CBD

• Significant development upside, with zoning accommodating retail, office and consulting uses - preliminary development concepts deliver major commercial office outcomes

An information memorandum is available upon request.

*Approx.

To arrange an inspection or for more information please contact Colliers International or Knight Frank as the exclusive selling agents:

Oliver Totani +61 412 808 743
Alistair Mackie +61 412 817 977

Lukas Weeks +61 434 957 537
Guy Bennett +61 418 808 548

Features

  • Massive, triple fronted commercial site
  • Quality built form + value-add potential
  • Investment grade holding income
  • Genuine dev/ repositioning upside

Specifications

Council City of West Torrens
Zoning Zoned District Commercial
NABERS Rating 3.0 - Star NABERS Energy rating
Car Parking Details 50 at-grade car parks via Eton

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