274-275 North Terrace, Adelaide_Property for Sale

274-275 North Terrace, Adelaide, SA, 5000, AU

274-275 North Terrace, Adelaide

Asset Description

On behalf of Renewal SA, JLL is proud to present to market for sale, a landmark corner development site of scale situated at 274-275 North Terrace, Adelaide.

Opportunity at a glance:

• 2,747sqm* site area

• Near island site with triple street frontage (North Terrace, Frome Road, Vaughan Place)

• Potential for uninterrupted views of Adelaide Oval, the Adelaide Hills, Park Lands and Adelaide Botanic Garden.

• Flexible development options of scale (residential, build-to-rent, hotel, student accommodation) with ground floor retail, commercial, and hospitality opportunities

• Premium North Terrace location in Adelaide's East End opposite Lot Fourteen and Adelaide University

...

Attributes

Land area gross

2,747 m²

Call for offers

29/01/2025

Media

Investment Highlights

274-275 North Terrace represents an extraordinary opportunity for a landmark development that will redefine Adelaide's iconic North Terrace skyline. This rare premium triple-street frontage site offers unmatched potential for uninterrupted views of Adelaide Oval, the Adelaide Hills, Park Lands, and Adelaide Botanic Garden.

Renewal SA has combined two development sites, unlocking a key corner position and adding enormous development potential for scale and flexibility. The site is ideally positioned to cater for substantial existing and future projected demand for a diverse range of accommodation outcomes.

The Renewal SA is undertaking an Expression of Interest (EOI) process to identify a developer with a strong track record in delivering high-quality mid-rise and high-rise developments to purchase the freehold interest in the land and commit to timely commencement of new housing and/or accommodation outcomes in the Adelaide CBD.

Expression of Interest extended until Thursday 30 January 2025 2pm (ACDT)

For further information, please contact the exclusive agents at JLL.