18-20 King William Street, Adelaide, SA, 5000

Colliers is excited to present to the market for sale 18-20 King William Street, Adelaide.

This value-add office building of 3,897sqm* GBA has so much potential for the incoming owner to occupy, invest and unlock significant additional value.

The building is approximately 46% leased to some long standing and well-known tenants. The balance comprises a number smaller portioned offices and with relocation of a few existing tenants there is an opportunity to creates several vacant whole floors for occupation or re-leasing.

A rare opportunity exists to create a new unique space in the never occupied top floor. The former plant room, with dual lift access, has the potential to be converted to a valuable and exciting new use. These uses could include a luxury penthouse(s), unique hospitality venue or contemporary new office headquarters.^ Plumbing points have already been provided for.

The building is set up for an exciting future, with new end of trip male/female facilities, bike storage in the basement and two new lifts servicing all floors, whilst several of the upper-level office floors feature new ceilings, lighting and amenities.

Key Asset Highlights:

- 2,090sqm* Lettable Area over 8 levels plus basement area of 525sqm*

- Substantial Holding Income

- Perfect for investors and owner occupiers

- 46% leased with ability to occupy the balance

- Blank-canvas top floor for conversion^

- Brand-new End of Trip Facilities and Lifts

- 8 Community Titles in one line

- Prime 528sqm* corner site with dual frontage

- Capital City Zoning with no prescribed height limit^

- No Stamp Duty

The corner location provides outstanding views and excellent natural light, and access from Clubhouse Lane to the onsite secure carparks.

*approx

^STCA

18-20 King William Street, Adelaide is offered for sale via Private Treaty through the exclusive selling agents.

For further information, or to arrange an inspection, please contact Colliers Adelaide.

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