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295A-297 Waymouth Street, Adelaide, SA 5000


West End Development Potential

Welcome to the revitalised and thriving West End of Adelaide's CBD, where an exceptional real estate/development opportunity awaits!

- Commercial and residential zoning
- Building height up to 43m/10-12 levels
- Available vacant possession/fully leased
- Redevelopment site of 290m2
- Dual fronted allotment
- Capital city zoning

Located in the heart of the university precinct, this prime property offers endless potential for both development and investment purposes.

Whether you envision a bustling commercial hub or luxurious city living apartments , the possibilities are boundless with its desirable and versatile Capital City Zoning.

The site is a prime location ready to be transformed into a remarkable high-rise development of up to 10-12 levels or a variety of other redevelopment projects including (Subject to Council Consent - STCC):

- Residential full floor luxury apartments
- Student, tourist or supported accommodation
- Office/Shop/Consulting rooms
- Hotel/Licensed premises
- Hospital/Child Care/Educational facility
- Library/Advertisement

Embrace the vibrant energy of the city, surrounded by renowned educational institutions, cultural attractions, and a thriving community. The strategic location ensures a steady stream of potential tenants or buyers, making it an ideal investment opportunity.

Unlock the potential of this exceptional property, harness the freedom to shape its destiny, and become a part of the dynamic growth and prosperity of the West End.

Key features include:

- Outstanding location
- Freestanding allotment
- Investment opportunity with 3 current tenancies
- Suited to developer, investor or occupier
- Rear access via Spencer Street
- 5 consulting rooms
- Upstairs 3 bedroom, 2 bathroom residential (two separate apartments that have been combined to create one larger apartment)
- Currently occupied for ground floor medical consulting rooms and upstairs residential.

Don't miss out on this chance to create something truly remarkable in the heart of our city's university precinct adjacent the West Parklands, Adelaide High School, RAH and the SAHMRI medical research institute all requiring accomodations.

Contact us now for a substantially viable commercial development with endless possibilities this property has to offer. Invest in your vision and make your mark on the cityscape!

CT | 5812/310 & 6012/168
Council | Adelaide
Council Rates | $6,360.35 pa approx.
SA Water Rates | $365.22 pq approx.
ESL | $1,158.25 pa approx.

PROPERTY FEATURES

  • Alarm System
  • Polished Timber Floors
  • 3 Phase Power
  • Carpeted
  • City Views
  • Close to Schools
  • Close to Shops
  • Close to Transport

Property Info

Municipality
Adelaide
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