112-114 Gilles Street, Adelaide SA 5000

Explore the options, where home and work can fuse seamlessly for an exciting edgy inner-city lifestyle. This unique offering on attractive Gilles Street has existing spacious solid structures within one km of Victoria Square. Invest in a future dream or aspirational project. These two unique residential/commercial warehouse style properties are set on a desirable corner location. Currently leased, there is plenty of time to create plans and concepts. A generous corner allotment with total building and site area 460 sqm (approx.), including off street car park spaces and large south-facing existing windows with ample natural light. Two street frontages, two separate titles, which (subject to approvals) have huge inspirational development or alteration options with existing commercial rights in place.

Features Include:

- high ceilings
- potential for walled garden areas
- external walls can be a shell for imaginative building design
- existing office area to both properties
- reverse cycle & evaporative air conditioning
- 3 phase power to one property
- potential further land division
- multiple dwelling potential
- potential views from a future upper story
- current separate tenancies in place until March 2024, leased at combined total $67,600+
GST per annum. plus outgoings
- generous corner allotment with building and total site area 460sqm (approx)
- off-street car parking
- ample interior natural light

All concept sketches are approximate and subject to authority approval

Covid Update:
To minimise risk in line with eased border restrictions, we're asking buyers to limit their visits at property inspections to less than 15 minutes and wear a face mask. Thank you for your cooperation.