77 Grenfell Street, Adelaide_Property for Sale

77 Grenfell Street, Adelaide, SA, 5000, AU

77 Grenfell Street, Adelaide

Asset Description

JLL is pleased to present an exceptional opportunity in the Adelaide CBD. This commanding 20-level, fully vacant asset is poised for repositioning/conversion and is located on a prime business boulevard in the core CBD.

The property boasts an extensive retail frontage on one of Adelaide's busiest city boulevards. With four street frontages, all upper floor levels benefit from natural light on all sides and offer panoramic views of the city and foothills.

This trophy asset presents a strategic repositioning opportunity for conversion to Purpose-Built Student Accommodation (PBSA), hotel, or apartments. With multiple proposed schemes already crafted, this pinnacle property opens doors to investors seeking to make their mark in Adelaide. It's an outstanding value-add proposition, offering versatile potential for various investors to transform this core asset into their vision of excellence.

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Attributes

Building area net

177,432 sf

Year built

1991

Land area gross

26,059 sf

Number of floors

Call for offers

15/04/2025

Media

Investment Highlights

Key Asset Highlights

16,484sqm* of NLA over 20 levels
Dominant 4 street frontage
Offered with Vacant Possession
Potential for PBSA, Residential, Hotel conversion (stca)
Complete & modern office fitout
End of trip facilities and 37 secure basement parks
Zero Stamp Duty

This strategic location, amid Adelaide's growing investment in sectors including healthcare, education, and technology, positions 77 Grenfell Street to capitalise on the city's evolving business landscape, presenting a compelling opportunity for repositioning in one of Adelaide's most sought-after precincts.

*in conjunction with Colliers

100% freehold interest in 77 Grenfell Street, Adelaide is offered for sale via an international Expression of Interest campaign closing at 2pm (ACDT), Wednesday 16th April