SALE IMAGE: Max Frohlich, Ryan Mills ADDRESS: Thebarton Square - Stirling, Anderson, Holland and Windwood Streets, Thebarton SA 5031 MARKET: Thebarton, ~2.5kms west of the Adelaide CBD ASSET TYPE: Industrial estate SELLER: KM Property Funds BUYER: Local investor AGENTS: Max Frohlich, Ryan Mills; Knight Frank SALE PRICE: $22,000,000 BUILDING SIZE: 10,714 sqm BUILDING SALE RATE: $2,053.4/sqm LAND SIZE: 14,510sqm LAND SALE RATE: $1,516/sqm NOTES: Max Frohlich: “The asset incorporates a corporate style industrial estate consisting of 14 office/warehouse buildings with a total lettable area of 10,714 sqm, on 14,510 sqm of land, with future development potential for up to six levels envisaged under its Urban Corridor (Business) zoning. This site will benefit from significant mooted development in the area, including the proposed 1,000-home residential urban renewal project set to transform the historic 8.4-hectare former West End Brewery site into a thriving mixed-use community directly adjacent to Thebarton Square.” [via LinkedIn] #realestate #property #tradedau #cbd #adelaide #thebarton #thebartonsquare #industrialestate #hotel #hospitality #developmentsite #SA #retail #shoppingcentre #logistics #shoppingcentre #supermarket #retail #housing #housingestate #retail #transactions #propertydeals #transactions #development #land #investment #landbank #cre #commercialproperty #hotels #hotelinvestment #hoteldevelopment #commercialrealestate #office #officespace #officebuildings #studentaccomodation #capitalmarkets #childcare #sales #acquisitions #buildtorent #logistics #propertymarket #finance #propertyfinance #propertynews #warehouse #industrial #shoppingcenters #shopping #syndicate #propertyfund #shoppingcenter #finance #propertyfinance #fundmanager #funds #factory #warehouse #deals #transactions #funds #fundmanager #reit CapStack
Excellent work
Nice job boys!
Partner, SA Head of Investment Sales, Capital Markets
2wGreat result Ryan Mills & Max Frohlich