Property Details for 135-140 East Tce, Adelaide
Last Listing description (December 2021)
Prime parkland fronting catalyst site, repositioning opportunity, holding income
Colliers is pleased to present the opportunity to purchase 135-140 East Terrace, Adelaide.
The property is undoubtedly one of the most premium development or repositioning site opportunities to be offered to the South Australian market in recent decades, with the following key attributes:
Prime, parkland frontage location in the vibrant eastern CBD precinct
Favourable City Living Zoning (East Terrace Subzone and Medium-High Intensity Subzone)
Catalyst site providing scope for the maximum building height specified in zone to be exceeded
Fully leased at $600,000 per annum (net) plus GST and all outgoings
Strategic land holding of 3,264 square metres* across 2 Certificates of Title
3 street frontages plus additional lane access
Adaptable and well maintained healthcare improvements
Zoned to accommodate medium density residential, mixed use, vertical retirement and commercial development (stnc).
This exceptional property will appeal to developers seeking a premium opportunity in one of Adelaide's most prestigious residential precincts or purchasers seeking to reposition the high quality, well maintained healthcare improvements.
135-140 East Terrace, Adelaide is offered for sale Expressions of Interest closing Wednesday 24th November2021 at 3pm (ACST).
To arrange an inspection or for more information please contact Colliers as the exclusive selling agents.
*Approximately.
Property History for 135-140 East Tce, Adelaide, SA 5000
- 16 Mar 2022Sold - Price Undisclosed
- 10 Aug 2021Listed for Sale Please contact agent
Recent sales nearby
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About Adelaide 5000
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 2016 was 15115 people. By 2021 the population was 18202 showing a population growth of 20.4% 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 2021, 32.50% of the homes in Adelaide were owner-occupied compared with 32.40% in 2016.
Adelaide has 18,498 properties. Over the last 5 years, Houses in Adelaide have seen a 42.19% increase in median value, while Units have seen a 34.49% increase. As at 30 November 2025:
- The median value for Houses in Adelaide is $1,174,343 while the median value for Units is $580,952.
- Houses have a median rent of $650 while Units have a median rent of $610.
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