240 Franklin Street

Adelaide SA 5000

PLEASE CALL JORDAN BEGLEY ON 0410 289 240 FOR A PRIVATE VIEWINGWelcome to 238-240 Franklin St, Adelaide a historical bluestone church originally established in 1848. With a notable legacy and currently being home to the well-acclaimed Belly Dancing Academy, this property has gone on to host popular household names including Mick Jagger of the Rolling Stones. Situated on a spacious 312 square metre corner allotment (approx.), this property distinguishes itself with its remarkable street presence. Its classic architectural details, including its mesmerising bluestone facade, contribute immensely towards its eye-catching appeal.For the astute investor or developer, this property provides an exceptional opportunity, accommodating either substantial renovation or whole-scale redevelopment, subject to necessary council consents. A notable advantage is the zoning, which supports development up to 14 storeys, unveiling extensive possibilities for transformation (STNCC). Inside, the main stage hall captivates with approximately 7m high decorative ceilings, instilling a sense of luxury and grandeur. Beneath, original Jarrah timber floorboards preserved under commercial grade, felt-backed vinyl.The versatile layout comprises three sizable rooms at the front, one with a kitchenette, ground floor studio space, a bathroom and laundry space, two cubicles at the rear and a generous second studio space with storage room upstairs. Located in the city's west this historic landmark is just 1km from Victoria Square. Easy access to public transport links and close proximity to iconic sites including the Royal Adelaide Hospital, Adelaide Oval and Adelaide Central Market make this property an ideal investment opportunity. STAND OUT FEATURES: Extensive potential to renovate or redevelop (STNCC) Zoned for 14 storeys (STNCC) Character features Bluestone faade Corner allotment Bedroom with kitchenette Reverse-cycle air conditioning Thick walls to minimise street noise Original Jarrah floorboards with commercial grade felt backed vinyl overlay to protect 7m high ceiling (approx.) in main hall studio Laundry/bathroom with w/c Powder room with 2 additional w/c Storage room Off-street parking for 3 vehicles LOCATION: 1km to Victoria Square Easy access to all modes of public transport Nearby to Royal Adelaide Hospital, Adelaide Oval, Adelaide Central Market, and Adelaide UniversitiesSCHOOL ZONES: Zoned to Adelaide High and Adelaide Botanic High Schools Close to St Mary's College, St Aloysius College and Pulteney Grammar School