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SOLD

96-100 Grote Street, Adelaide, SA 5000

Properties / Sold / South Australia / Adelaide Cbd

Development Potential

1. Property Summary

Property Type

Commercial

Land Area

1,368 m² (*approx)

Selling Method

For Sale: Contact Agent

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2. Property Highlights

ADELAIDE CHINATOWN INVESTMENT

Situated within Adelaide’s Chinatown precinct, immediately opposite the ‘Lions’ that guard the entrance into Moonta Street, 96-100 Grote Street, Adelaide comprises a key corner site of approximately 1,368 square metres.

Currently developed as a restaurant and performing arts academy the property provides significant holding income prior to any upgrading or conversion of the property.

This is a key location adjoining Adelaide’s central bus terminal, a stone’s throw from the City’s famous Central Market and easy walking distance to tram, Victoria Square, Rundle Mall shopping precinct, Adelaide Railway Station and the Gouger Street restaurant strip.

Properties within the Chinatown precinct are very tightly held, rarely coming to market, and in many cases held over multiple generations.

JLL, on behalf of the registered proprietors, proudly offers this regularly shaped, historically significant property to the market in the knowledge that the new owner will be recognised as a significant player in Adelaide’s commercial property scene.

For more information please contact exclusive selling agents JLL. Inspections strictly by appointment only.

RLA 1842

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