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11-13 Penny Place, ADELAIDE, SA 5000

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11-13 Penny Place, ADELAIDE, SA 5000

11-13 Penny Place, ADELAIDE, SA 5000

Properties / Sold / South Australia / Adelaide Cbd
Development Potential

1. Property Summary

Property Type
Commercial
Sub Type
Office
Land Area
712 m² (*approx)
Zoning
CC
Local Government
Adelaide
Selling Method
Auction: Thursday 3rd November 2022 onsite @ 11:00am
Auction Date
3 Nov 2022 11:00AM
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2. Property Highlights

CBD DEVELOPMENT SITE /// LOW AUCTION RESERVE SET
  • 712sqm* of land
  • 32m* Frontage to Penny Place
  • Zoned Capital City (STCC)

CBRE Metropolitan Investments are pleased to offer to market a fantastic CBD development site in close proximity to the Adelaide Law Courts. 13 Penny Place sits amongst Flagship Groups highly successful residential developments in ‘Kodo’ and ‘Penny Place’ and benefits from a significant infrastructure investment creating a sensational streetscape for patrons to live and work.

13 Penny Place is highly flexible suited to an owner occupier or developer seeking to implement either a boutique office project or residential use. We further highlight the below investment criteria for consideration:

• 712sqm of land area with developable footprint approx 475sqm* NLA

• 32m* frontage to Penny Place

• Zoned Capital City with no prescribed height limit (STCC)

• 200m* from CBD Law Courts & Victoria Square

• Existing Planning Consent for 5-level premium office building

For Sale by Public Auction onsite Thursday 3rd November 2022 onsite @ 11:00am

Please contact the sole marketing agents with any other questions:

Mitch Curnow: +61 415 494 056

Harry Einarson: +61 421 747 442

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

1. Property Summary

Property Type
Commercial
Sub-type
Office
Land Area
712 m² (*approx)
Zoning
CC
Local Government
Adelaide
Selling method
Auction: Thursday 3rd November 2022 onsite @ 11:00am
Auction Date
3 Nov 2022 11:00AM
Add to calendar

2. Property Highlights

CBD DEVELOPMENT SITE /// LOW AUCTION RESERVE SET
  • 712sqm* of land
  • 32m* Frontage to Penny Place
  • Zoned Capital City (STCC)

CBRE Metropolitan Investments are pleased to offer to market a fantastic CBD development site in close proximity to the Adelaide Law Courts. 13 Penny Place sits amongst Flagship Groups highly successful residential developments in ‘Kodo’ and ‘Penny Place’ and benefits from a significant infrastructure investment creating a sensational streetscape for patrons to live and work.

13 Penny Place is highly flexible suited to an owner occupier or developer seeking to implement either a boutique office project or residential use. We further highlight the below investment criteria for consideration:

• 712sqm of land area with developable footprint approx 475sqm* NLA

• 32m* frontage to Penny Place

• Zoned Capital City with no prescribed height limit (STCC)

• 200m* from CBD Law Courts & Victoria Square

• Existing Planning Consent for 5-level premium office building

For Sale by Public Auction onsite Thursday 3rd November 2022 onsite @ 11:00am

Please contact the sole marketing agents with any other questions:

Mitch Curnow: +61 415 494 056

Harry Einarson: +61 421 747 442

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Download Development Site Report

3. Property Location

11-13 Penny Place, ADELAIDE, SA 5000

Property Map
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4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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11-13 Penny Place, ADELAIDE, SA 5000 Adelaide Cbd
CBRE - South Australia
CBRE - South Australia
Level 20, 83 Pirie St, Adelaide SA 5000
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