Colliers is delighted to exclusively present for sale 17-19 Crowther Street, Adelaide. A rare opportunity to invest in a mixed-use development site of almost one thousand square metres. The regular-shaped land holding is superbly positioned in the CBD’s growing north-western precinct close to Adelaide Central Market, Chinatown and the bio-medical precinct including the Royal Adelaide Hospital. Fantastic opportunity for a developer to acquire this prime development site with plans drawn for a new high-rise hotel. Currently utilised as an open-air parking allotment the monthly license agreement provides valuable holding income with flexibility to unlock the site’s higher order in the short term. With a rich pipeline of development in the immediate catchment, 17-19 Crowther Street is a rare opportunity to purchase a ‘shovel-ready’ development site in the heart of the Adelaide Business District. For Sale by Private Treaty. For more information, please contact Colliers as the exclusive selling agents.
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Property ID: 504561836