Issue 54 | The Property Development Review

THE PROPERTY DEVELOPMENT REVIEW

Boundary Indicative

For sale 164-168 Angas Street, Adelaide SA For sale by Expression of Interest Closing Tuesday 30 July 2024 at 4.00pm (ACST) Enhance, occupy or redevelop

– High profile corner site of 616sqm* accessible with rear laneway – Close proximity to Calvary Adelaide Hospital and other amenities – Leased until June 2025 generating $72,879* net pa – Favourable Capital City Zoning allowing development up to 53 metres* (sta) – Total building area across the two buildings of 218* square metres – Up to 14 onsite carparks – Net lease structure with tenant responsible for all usual outgoings excluding State Land Tax – Development clause within lease provides an immediate development opportunity – Existing use rights for future medical/consulting operators

*(Approx.)

Claudia Brace 0420 546 770

Jack O’Leary 0430 963 960

Tom Love 0433 304 735

property.jll.com.au

July / August 2024 – 81

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