97-109 Angas Street
Adelaide, SA 5000

Overview

Institutional-Grade Development Site

This property at 97-109 Angas Street, Adelaide, represents a prime commercial development opportunity in the heart of the Central Business District (CBD). It is strategically positioned to benefit from recent planning policy reforms that have increased the allowable building height to 53 metres, subject to council consent, thereby enabling a significantly larger and more valuable development potential.

Located within a rapidly evolving precinct of the Adelaide CBD, the site is surrounded by substantial recent and proposed developments, reinforcing its emergence as a key mixed-use, health, and institutional hub. The property is directly opposite major landmarks including Calvary Adelaide Hospital and the South Australia Police (SAPOL) Headquarters, which ensures strong daily foot traffic and sustained demand drivers.

Key features of this commercial site include:

• Rare triple street frontage, providing exceptional design flexibility and efficiencies in built form.
• Comprising four titles with a combined site area of approximately 1,196 square metres.
• Capital City Zoning with an increased height limit of 53 metres, subject to council consent.
• Situated within a precinct anchored by Calvary Adelaide Hospital and SAPOL Headquarters.
• Located in a high-growth, transforming CBD precinct.
• Holding income currently generated through a car park license.
• No stamp duty payable on the purchase.

The property is offered for sale via National Expressions of Interest, with the closing date set for Friday 22nd May at 4pm ACST. This presents an exceptional opportunity for investors and developers seeking to capitalize on the evolving landscape of Adelaide’s CBD.

For further information, interested parties are encouraged to contact the appointed agents. The site offers a unique combination of location, zoning, and development potential that is rare within the Adelaide commercial property market.

Approximate site and building area is 1,196 square metres, providing a substantial footprint for future development projects. The tenancy status is currently vacant, allowing for immediate development or redevelopment opportunities.

Location