Knight Frank and CBRE are pleased to present for sale 11 Waymouth Street, Adelaide. A premier 21 level new generation office tower positioned in the heart of the GPO precinct within Adelaide’s Modern Core Corridor. At 100% occupancy with AA+ & AAA-rated multi-government and corporate institutional grade tenants, 11 Waymouth provides one of the best available cashflows in the country. Completed in 2007 with full ground floor upgrade in 2020, the striking office tower provides high-quality A-grade office accommodation with an enviable mix of cashflow security, ESG excellence, income growth and unrivalled ground floor retail amenity. Investment highlights include: • Modern 2007 built office tower with NLA of 31,405 sqm* and 150 valuable car spaces • 100% leased with staggered WALE (by income) of 2.9 years offering near term rental reversion • Net passing income of $17,957,387* p.a. • 82% leased to South Australian and Commonwealth Government tenants • Prime CBD location surrounded by Adelaide’s best institutionally owned buildings • Leading ESG credentials including a 5.5 Star NABERS Energy Rating • No stamp duty payable and no absentee surcharge for offshore owners in South Australia The property is being offered for sale via International Expressions of Interest closing Wednesday 30th July 2025 at 3.00pm (AEST). For more information, please contact the exclusive selling agents. *Approximately.
Knight Frank - Adelaide (RLA 199257)
Level 29, 91 King William Street, Adelaide, SA
CBRE - South Australia (RLA 208125)
Level 20/83 Pirie Street, Adelaide, SA