12-22 Richmond Road, KESWICK, SA 5035

Knight Frank and Colliers International are pleased to bring to market, on behalf of our valued client, 12-22 Richmond Road, Keswick, a prominent commercial office building, providing astute buyers with the opportunity to own and occupy, land bank for future development or re-position to add immediate value.

Near-City super sites, suiting genuine 'Corporate HQ' potential, are limited in supply, and as such, we draw buyers' attention to the property’s key investment features:

•    Prominent 4,217sqm* corner super site dominantly fronting Richmond Road, setting the scene for its 'Corporate HQ' suitability

•    Well-presented and adaptable 1,240sqm* two-storey commercial office building, offering immediate refurbishment value-add

•    Fully leased imputed net income of $306,661 p.a.* (plus GST) establishes substantial income profile

•    Extensive three (3) street frontage ensures increased development outcomes, whilst encouraging multiple uses

•    An abundance of 50 valuable at-grade carparks, providing the opportunity to increase income through parking management joint venture

•    Located on the edge of the traditional 'fringe' office precinct, approximately 1 kilometre* south west from the Adelaide CBD

•    Strategically positioned close to public transport and only 200 metres* to the Adelaide Showground Railway Station providing direct access to the CBD

•    Significant development upside, with zoning accommodating retail, office and consulting uses - preliminary development concepts deliver major commercial office outcomes

An information memorandum is available upon request.

*Approximately
Land Area : 4217 sqm
Floor Area : 1240 sqm