DG Real Estate
Call Us: 08 8231 3689
Based in Adelaide,
DG is a multicultural real estate agency established in 2009.
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43-69 Sturt St, Adelaide

Price on Application
  • Property type: Land/Development
  • Floor Area: 0 sq metres
  • Zoning: City Main Street - CMS
  • Land size: 7418 sq metres
  • Listing type: For Sale
  • Tenancy: Vacant Possession

Prime Development Opportunity at 43-69 Sturt Street, Adelaide

Discover a rare opportunity in Adelaide's rapidly evolving southern frame precinct. Situated strategically between the lush South Park Lands and the bustling Adelaide Central Market, and just a stone's throw from King William Street, this mixed-use zone promises exponential growth. Recent large-scale residential projects in the vicinity are testament to the precinct's burgeoning popularity.

Why 43-69 Sturt Street Stands Out:

• Expansive mixed-use site spanning approximately 7,418 sqm.
• Pre-approved development for a phased project comprising apartments, a hotel, and retail spaces. (DA extension subject to confirmation).
• Multiple extensive frontages on Sturt Street, Gilbert Street, Norman Street, and Meyer Street ensure easy access and potential pedestrian pathways.
• Part of the property boasts a state-of-the-art multi-level basement carpark at the Gilbert Street end, along with built lift shafts.
• Nestled in one of Adelaide's most dynamic urban living hubs.
• Enjoy the convenience of being a short walk from the Free City Tram, vibrant Chinatown, the iconic Adelaide Central Market, and the heart of the CBD.

Additional Highlights:

• Vendor financing available.
• Detailed engineer reports on the present site condition ready for review.
• Two current leases bring in a combined revenue of approximately $320,000 annually.
• Financials: Land Tax (single holdings) stands at roughly $190,000(A), council rate is around $75,000(A), ESL fees approximate $2,000(A), and SA Water charges come to about $6,000(A).

Seize this unmatched prospect, filled with potential and promise. For detailed insights and further information, reach out to Simon Hou on 0423 807 866.

Location

Thanks Justin

Dear Justin, thank you for getting my house ready for sale and selling it after one open! You took care of everything and I didn’t even need to fly back from Sydney for the settlement. You are worth your weight in gold and I will not hesitate to recommend you to anyone!

- Sulei
Oakden

Thanks Justin

We just wanted to say thank you so much for all your assistance & support in helping us sell our property. We really appreciated your straightforward manner and patience in getting our property sold. Thanks again for your help.

- Mel & Kuol Baak
Windsor Gardens

Excellent Work!

Mr. Richard Chiu was very efficient in handling the sales of both apartment. He was also very polite and made all the admin work very easy for us.

We would definitely recommend Mr. Chiu for this excellent work.

- Mr. and Mrs. Girard
Adelaide

THANK YOU WILLIAM!

I would like to thank William on his hard work and professionalism in the sale of my home. William was always polite and respectful in dealing with my wife and I and gave us honest and valuable advice where needed. He worked tirelessly from morning til late at night and went above and beyond to make a stressful time in a our lives easy. I would highly recommend William to anyone selling their home.

- MICHAEL