96-100 Grote Street, Adelaide


96-100 Grote Street, Adelaide

Asset Overview

Hotel/Leisure, Hotel/Pub, Leased Investment
Site Area
1,368 sqm*
Building Area
840 sqm*

Transaction Analysis

Sale Price
Sale Date
May 31, 2019
Private Investor
Private Investor

Campaign Description

Situated within Adelaide’s Chinatown precinct, immediately opposite the ‘Lions’ that guard the entrance into Moonta Street, 96-100 Grote Street, Adelaide comprises a key corner site of approximately 1,368 square metres.

Currently developed as a restaurant and performing arts academy the property provides significant holding income prior to any upgrading or conversion of the property.

This is a key location adjoining Adelaide’s central bus terminal, a stone’s throw from the City’s famous Central Market and easy walking distance to tram, Victoria Square, Rundle Mall shopping precinct, Adelaide Railway Station and the Gouger Street restaurant strip.

JLL RLA 1842