Copied to clipboard

112-114 Gilles Street

Adelaide

3

Beds

1

Bath

4

Cars

Seamless fusion of home & work

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.

Disclaimer: TOOP+TOOP has taken all reasonable care to ensure this property information is accurate at the time of publication. Information has been obtained from sources we believe to be reliable, including the vendor, relevant authorities and third-party suppliers. However, we cannot guarantee its accuracy or completeness and, to the extent permitted by law, accept no liability for any errors or omissions. This includes, but is not limited to, land size, floor plans, building area, building age, condition, zoning, council rates and rental figures. Details may change after publication. Measurements, floor plans and images are a guide only, and some images may be digitally styled or virtually furnished. Interested parties should make their own enquiries, including with relevant authorities, and obtain independent legal and financial advice before proceeding. RLA 301309, RLA 301302, RLA 317292

Sold on Aug 15, 2022

Property Information

Land Size 460.00 sqm approx.

Council Rates $7008.45 pa approx

ES Levy $1483 pa aprrox

Water Rates $348.55 pq approx

CONTACT AGENTS

LEW TOOP

Sales Partner + Auctioneer

0419 888 893
About me

Neighbourhood Map

Schools in the Neighbourhood

School Distance Type

TOOP VAULT

Find properties before they hit the market.