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North Adelaide 99 O'Connell Street

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  • 99 O'Connell Street North Adelaide SA
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FOR SALE BY EXPRESSIONS OF INTEREST!

NORTH ADELAIDE ICON CORNER LOCALE!

FOR SALE BY EXPRESSIONS OF INTEREST - BEST OFFER CLOSING - Wednesday 31st October at 3.00pm (unless sold prior)

High profile Tynte Street / O’Connell Street corner site, brilliant frontage to Tynte Street of 90 feet (27.43 metres) total square metre land area of 267.44sqm.

Zoning will allow (subject to all approvals) up to eight levels plus, with underground car parking being ideal to maximise the plot ratio.

Immediately opposite some 7,000sqm + site being offered by Adelaide City Council for Mixed Use Development and ample open space a pre-requisite.

Currently comprising of Scuzzi, a longstanding North Adelaide icon/cafe restaurant owner occupied business, however long term lease negotiable at $150,000 net per annum plus GST plus all outgoings.

Represents an outstanding owner occupier/investment opportunity adj. what will be the most significant redevelopment project in the North Adelaide precinct since records began.

Buyers Note: Please note as of 1st July, 2018 there is no stamp duty applicable on commercial/industrial sale property in South Australia.

Facilities: Outstanding high profile corner cafe/restaurant locale offering approximately 409sqm under main roof, state of the art kitchen/restaurant with fantastic alfresco indoor/outdoor restaurant/dining areas.

Zoning: Main Street (O’Connell) Zone

Ample on street car parking.

Perfectly located substantial holding with brilliant median income available and outstanding redevelopment opportunity over a number of levels for a commercial base and exclusive residential penthouse and sub-penthouse apartments (subject to all approvals).

Open for Inspection
By Appointment


Land Area 267 sqm

Sales Agents for this property:

Smallacombe Real Estate
Mitcham - RLA 1520

Find an Office

map-icon Smallacombe Real Estate Mitcham Office 85 Belair Rd, Kingswood 5062
Mitcham Office P: 08 8271 4177 Rental: 08 8274 8777
RLA 1520 Email Us

map-icon Smallacombe Sanderson Norwood Office 44 Fullarton Rd, Norwood 5067
Norwood Office P: 08 8130 1400
RLA 43473 Email Us

map-icon Smallacombe Crosby Burnside Office 409 Portrush Rd, Toorak Gardens 5065
Burnside Office P: 08 8333 9500
RLA 266135 Email Us

 

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