88 O'Connell Street

Asset Type

Land

Address
88 O'Connell Street North Adelaide, SA Australia 5006
Asking Price

Contact for pricing

Sq Footage

81,376

Year Built

N/A

Cap Rate

N/A

Additional Attributes

Property Description

JLL on behalf of the City of Adelaide is excited to launch a process to secure an exceptional development outcome for Eighty Eight O’Connell. A landholding in the heart of North Adelaide, Eighty Eight O’Connell, provides significant development potential to create a destination for the city.


We outline the key property highlights below:


* Catalyst freehold island site of 7,560sqm* with an extensive frontage to the O’Connell Street retail and dining precinct bordered by Archer, Tynte and Centenary Streets, consisting of 28 allotments on 27 Certificates of Title

* Situated on one of Adelaide’s premier ‘high streets’, just minutes from the Adelaide CBD in the heart of the highly prosperous suburb of North Adelaide and less than 1km to the iconic Adelaide Oval

* Main Street Zoning focusing on retailing, commercial, entertainment, and community activities, restaurants, cafes and tourist accommodation with the opportunity for integrated development to facilitate an increase in the residential population

* Development to provide a mix of complementary uses to meet the needs of an evolving residential and business community, through a mid-rise development with a variety of buildings creating activity and interest in the public realm, with high-quality street frontages and active ground level uses to enhance O’Connell Street

* Investment in one of the world’s most liveable cities; benefiting from major developments exceeding $100 billion* in growth sectors such as urban development, medical infrastructure, defence, agriculture and food.


The City of Adelaide is seeking the expertise, passion and creativity of the development industry to deliver an outstanding and innovative mixed-use development outcome. Eighty Eight O’Connell is being formally offered via International Expressions of Interest closing on Friday 30 November 2018 at 4 pm Australian Central Standard Time (ACST). Qualified groups are invited to submit Expressions of Interest (EOI) to develop this high profile site.


For further information, please contact exclusive agents JLL.


*Source: Data SA


**approximately


JLL RLA1842

Investment Highlights

We outline the key property highlights below:




* Catalyst freehold island site of 7,560sqm* with an extensive frontage to the O’Connell Street retail and dining precinct bordered by Archer, Tynte and Centenary Streets, consisting of 28 allotments on 27 Certificates of Title


* Situated on one of Adelaide’s premier ‘high streets’, just minutes from the Adelaide CBD in the heart of the highly prosperous suburb of North Adelaide and less than 1km to the iconic Adelaide Oval


* Main Street Zoning focusing on retailing, commercial, entertainment, and community activities, restaurants, cafes and tourist accommodation with the opportunity for integrated development to facilitate an increase in the residential population


* Development to provide a mix of complementary uses to meet the needs of an evolving residential and business community, through a mid-rise development with a variety of buildings creating activity and interest in the public realm, with high-quality street frontages and active ground level uses to enhance O’Connell Street


* Investment in one of the world’s most liveable cities; benefiting from major developments exceeding $100 billion* in growth sectors such as urban development, medical infrastructure, defence, agriculture and food.


Listing Contacts
Tom Bailey
Sales Executive
+65 3159 4021
Jamie Guerra
Jamie Guerra
Managing Director - SA
+65 3159 4021
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