Gouger Street NEW Project: A once i...
7150 m 2

Adelaide, SA


Property Number: 200020106
Type: Apartment
Location: SA, Australia
Bathrooms: 5
Bedrooms: 5
Area: 7150 m 2


171-203 Gouger Street offers one of the highest profile sites in what is one of Adelaide’s most popular locations in very close proximity to the Central Market, Chinatown and the Gouger restaurant precinct. The location offers ease of access to the focal points of the Adelaide CBD and is further complimented by public transport including bus routes on Grote and Morphett Streets. The train station is also less than 1 kilometre to the north/north east with the tram stop a short walk to King William Street to the east. The location can only be considered one of Adelaide’s best. We summarise some of the property’s attributes as follows: > A massive development site of approximately 7,150 square metres, 1.75 acres > Seven (7) individual Certificates of Title > Development Plan Consent for one of Adelaide’s most significant developments including commercial space, residential apartments, student accommodation, retail uses and a hotel > Superbly located within the CBD vibrant west end > Very close proximity to Chinatown, the Central Market, the Gouger Street restaurant precinct, the educational precincts including University of South Australia City West and Adelaide University Village, Victoria Square Legal precinct, the new Royal Adelaide Hospital and to the core CBD office precinct. > An opportunity to acquire one the largest and last development sites of this size in the Adelaide CBD with nearly all of the preparation work done. KEY GROWTH FACTORS OVER THE NEXT FIVE YEARS > Record level of major projects either underway or in the pipeline - $109 billion. > Forecast for positive economic growth – GSP forecast to grow on average 1.5% per annum. > Agriculture, Forestry and Fishing, Construction, Manufacturing and Mining had the largest contribution to the state’s growth in 2010-2011. > There are 15 approved operating mines in South Australia, two approved and another three under construction – the mining sector currently contributes $3.436 billion to the state’s GSP. > SA has almost 40% of the globe’s known recoverable uranium reserves, as well as significant volumes of copper, gold and silver. > Olympic Dam operation currently contributes around $1.7 billion annually to the GSP of South Australia. > Defence is a substantial and stable contributor to the South Australian economy. Major defence-related activities are expected to contribute nearly $2 billion by 2013–14. > Employment is at a record level. Over the last decade, employment has grown 20.6%. > Steady population growth – now recording the highest annual rate of growth since the 1970s. > Private business investment is at a near record high. Forecast to continue increasing around 5.0% per annum. Please contact us for more information