Back to previous step
Colliers is proud to exclusively present ONE North Terrace for Sale by Expressions of Interest.
ONE North Terrace offers the truly scarce opportunity to create a landmark mixed-use project on the prime Newmarket Hotel corner site at the gateway between Adelaide’s CBD, BioMed City including Royal Adelaide Hospital (RAH), universities and Park Lands precincts.
The opportunity is underpinned by an unrepeatable planning permit for two 32-storey towers, streamlining the pathway for a significant mixed-use development. The groundbreaking planning permit that has been secured enables the extensive redevelopment of ONE North Terrace. This project will revitalise the original Newmarket Hotel through the removal of ancillary structures and the addition of modern towers reaching heights of up to 107m*.
The property’s Capital City Zone is highly flexible and allows for a mix of residential, education, employment, cultural, tourism, commercial and entertainment land uses to support Adelaide’s dynamic transformation through population and employment growth.
ONE North Terrace is highly suited to a range of prospective uses, and alternative design or built form outcomes. Its inherent flexibility within the Capital City Zone creates opportunities for wide ranging uses.
Key Property Highlights Include:
• 2,924sqm* site with Capital City Zoning
• 113.2 metres* of high profile frontages
• Prominent Biomed precinct location
• Ground breaking planning approval for 32 storey mixed use development
• Ability to acquire an additional 1,136sqm* of adjoining land
• Offered with vacant possession
The ONE North Terrace development opportunity is offered for sale upon via Expressions of Interest closing at 4:00pm (ACST) on Thursday 29th May 2025.
Note: Indicative Outlines only *approximate
Remember to mention you found this property on CommercialReady
Colliers is proud to exclusively present ONE North Terrace for Sale by Expressions of Interest.
ONE North Terrace offers the truly scarce opportunity to create a landmark mixed-use project on the prime Newmarket Hotel corner site at the gateway between Adelaide’s CBD, BioMed City including Royal Adelaide Hospital (RAH), universities and Park Lands precincts.
The opportunity is underpinned by an unrepeatable planning permit for two 32-storey towers, streamlining the pathway for a significant mixed-use development. The groundbreaking planning permit that has been secured enables the extensive redevelopment of ONE North Terrace. This project will revitalise the original Newmarket Hotel through the removal of ancillary structures and the addition of modern towers reaching heights of up to 107m*.
The property’s Capital City Zone is highly flexible and allows for a mix of residential, education, employment, cultural, tourism, commercial and entertainment land uses to support Adelaide’s dynamic transformation through population and employment growth.
ONE North Terrace is highly suited to a range of prospective uses, and alternative design or built form outcomes. Its inherent flexibility within the Capital City Zone creates opportunities for wide ranging uses.
Key Property Highlights Include:
• 2,924sqm* site with Capital City Zoning
• 113.2 metres* of high profile frontages
• Prominent Biomed precinct location
• Ground breaking planning approval for 32 storey mixed use development
• Ability to acquire an additional 1,136sqm* of adjoining land
• Offered with vacant possession
The ONE North Terrace development opportunity is offered for sale upon via Expressions of Interest closing at 4:00pm (ACST) on Thursday 29th May 2025.
Note: Indicative Outlines only *approximate
Remember to mention you found this property on CommercialReady
Yield Calculator
Yield Calculator
