153-161 Wakefield Street, Adelaide

153-161 Wakefield Street, Adelaide, SA, 5000, AU

Description

JLL & Colliers has been appointed as sole and exclusive agents for the freehold sale of this exceptional development or occupier opportunity at 153-161 Wakefield Street, Adelaide, South Australia.

The property presents as an outstanding and exceptionally rare opportunity to acquire a high-calibre asset in Adelaide’s evolving mixed-use eastern precinct. The location offers incredible amenity by benefiting from its proximity to the East End, Hutt Street, Central Markets, legal precinct, medical and civic uses, as well as the Adelaide Parklands.

With potential for future redevelopment or refurbishment, 153-161 Wakefield Street presents a remarkable opportunity for robust value creation. Investors can anticipate steady cash flows and long-term capital appreciation, making this an attractive addition to a diversified investment portfolio.

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Attributes

Building area net

27,340 sf

Land area gross

29,224 sf

NABERS

5 Star

Call for offers

05/13/2026

Media

Investment highlights

Key Asset Highlights include:

• 2,715sqm* site area with three street frontages

• Net Lettable Area of 2,540sqm*

• Partially leased, providing a holding income

• Tightly held CBD location

• Capital City Zoning with prescribed height limit of 53 metres^

• No Stamp Duty

The substantial building presents an opportunity and flexibility to owner occupy or lease the vacant space to increase income.

The site provides development flexibility with three street frontages and a total area of 2,715sqm* enjoying access from Wakefield, Cypress, and Gunson Streets. The property is contained in two Certificates of Title.

*approx

^STCA