266-269 North TerraceAdelaide SA 5000
Property Details for 266-269 North Tce, Adelaide
Last Listing description (July 2017)
JLL is pleased to offer for sale 266-267 North Terrace, Adelaide an incredible development opportunity on Adelaide s prized cultural boulevard, available for the first time in over 60 years.
Located on the south western corner of North Terrace and Frome Street, and with rear lane access, the 709sqm* site is perfectly positioned to capitalise on some of the finest unrestricted views in Adelaide, overlooking North Terrace, the River Torrens, Adelaide Botanic Garden and further afield to North Adelaide and beyond.
The commercial, retail and residential amenity of 266-267 North Terrace provides enormous potential for future development including hotel, student accommodation, residential apartments, office accommodation, education or retail uses (all subject to normal consents). The eastern end of North Terrace is poised for substantial future growth with the recently announced State Government driven redevelopment of the old Royal Adelaide Hospital site, and plans for extending the free City Tram along this portion of North Terrace.
Absolute prime location on the corner of North Terrace and Frome Street
Site area of 709sqm* with front, side and rear access
Over 25m* frontage to North Terrace and over 27m* to Frome Street
Capital City zoning with no prescribed height limits
Unique opportunity to capitalise on unrestricted northerly views
Suit Hotel, Student Accommodation, Residential, Mixed Use, Retail (stnc)
Astute purchasers will recognise the appeal of 266-267 North Terrace and we strongly endorse it for your serious consideration.
*approximately
JLL
RLA 1842
Property History for 266-269 North Tce, Adelaide, SA 5000
- 20 Mar 2018Sold for $9,528,200
- 27 Feb 2017Listed for Sale Not Disclosed
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The size of Adelaide is approximately 10.2 square kilometres. It has 42 parks covering nearly 50.5% of total area. The population of Adelaide in 2011 was 12,961 people. By 2016 the population was 15,129 showing a population growth of 16.7% in the area during that time. The predominant age group in Adelaide is 20-29 years. Households in Adelaide are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Adelaide work in a professional occupation. In 2011, 31.3% of the homes in Adelaide were owner-occupied compared with 32.4% in 2016.
Adelaide has 17,717 properties. Over the last 5 years, Houses in Adelaide have seen a 57.01% increase in median value, while Units have seen a 24.34% increase. As at 31 October 2024:
- The median value for Houses in Adelaide is $1,128,901 while the median value for Units is $517,565.
- Houses have a median rent of $610 while Units have a median rent of $580.
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