



- Approximately 295 sqm building area* - Approximately 388 sqm landholding* - Two tenancies - one securely leased and another vacant and ready to lease/occupy - Existing lease incorporating a redevelopment clause - Vacant tenancy providing flexibility for owner-occupiers or investors - Two (2) secure car spaces - Outstanding development potential with dual street frontages as well as rear laneway access - No stamp duty on commercial property transactions in South Australia For sale with "Best Offers" by Tuesday, 6th October 2026 unless sold prior. 117–119 Carrington Street, Adelaide presents a rare opportunity to secure a strategically positioned CBD asset combining immediate holding income with substantial development potential. Situated within Adelaide's evolving southern CBD precinct, the property comprises approximately 295 square metres of building improvements on a prime 388 square metre landholding with three separate street frontages. The property comprises two commercial tenancies, with one currently leased to an established law firm and the adjoining tenancy vacant, providing flexibility for an owner-occupier or tenant. Poised for development, the existing lease incorporates a redevelopment clause, providing purchasers with the opportunity to explore the site's longer-term potential while benefiting from holding income in the interim. Further complemented by secure access to two car parking spaces, this is a versatile CBD asset ideally suited to investors, developers and owner-occupiers seeking a well-located property with strong underlying land value and future upside. For further information or to arrange an inspection of 117-119 Carrington Street, Adelaide, please contact Saxon Smith or Tom Ellis of Higher Commercial (RLA 323 903). Disclaimer: This advert contains information and imagery which is believed to be accurate based on Higher Commercial sources and/ or inspections of the property before or at the time of advertising. Prospective buyers, tenants or other parties should make their own inquiries about the validity and accuracy of this information and view the property before making any offers. Our privacy policy is available at www.highercommercial.com.au | RLA 323 903
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Property ID: 505223764
Original Property ID: 505223764