On behalf of receivers FTI Consulting, Colliers is pleased to present 4/132 O'Connell Street, North Adelaide, a trophy asset superbly located in the popular North Adelaide commercial, retail and hospitality precinct.
4/132 O'Connell Street, North Adelaide is a trophy asset superbly located in popular North Adelaide commercial, retail and hospitality precinct.
The property provides a contemporary consulting fitout comprising four consult rooms plus reception, kitchenette and toilet amenities, with a secure on site car park.
North Adelaide is experiencing significant development growth with the recent $575 million Adelaide Oval redevelopment and the newly announced $250 million mixed use development at 88 O'Connell Street, just 50 metres up the road.
The property offers a fantastic opportunity for growing owner occupiers looking to establish their business in a high profile location, or a perfect high street investment opportunity for knowledgeable investors.
Key investment highlights include:
Attractive and popular inner Adelaide location
Vacant possession with modern fitout
98 sqm (approx.) of floor area
One secure onsite car park
High profile exposure to O'Connell Street, North Adelaide
City High Street subzone within the Adelaide City Council
Significant surrounding investment including 88 O'Connell projects and Adelaide Oval redevelopment
For sale by Expression of Interest closing Thursday 5th August 2021 at 3.00pm (ACST).
To arrange an inspection or for more information please contact Colliers as the exclusive selling agents.
The size of North Adelaide is approximately 5.1 square kilometres. There are 40 parks, covering nearly 57.8% of the total area. The population of North Adelaide in 2016 was 6950 people. By 2021 the population was 6823 showing a population decline of 1.8% in the area during that time. The predominant age group in North Adelaide is 20-29 years. Households in North Adelaide are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in North Adelaide work in a professional occupation.In 2021, 50.60% of the homes in North Adelaide were owner-occupied compared with 48.80% in 2016.
North Adelaide has 4,893 properties. Over the last 5 years, Houses in North Adelaide have seen a 53.52% increase in median value, while Units have seen a 87.99% increase. As at 30 June 2026:
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