The historic Boston House in South Australia’s Port Lincoln has hit the market for the first time in 44 years.Read more
Developer Chip Eng Seng has won approval to build a 27-storey hotel in the Adelaide CBD – and secured HyattRead more
A fully-leased healthcare investment in Kings Park, in Adelaide’s exclusive inner-south, has sold for $8.425 million. The multi-tenanted Kings ParkRead more
An inner-Adelaide commercial investment on a site big enough to be on the radar of major developers from Australia’s east-coast,Read more
The Church of Scientology has acquired the former home of the Messenger Press newspaper, in Port Adelaide. The church proceededRead more
Blackstone is understood to be close to selling Adelaide’s Rundle Place shopping centre for close to $250 million. The privateRead more
A modern and fully let office in Wayville, in Adelaide’s inner south-west, has sold for $16 million. The triple-storey complexRead more
It may be third time lucky for Starwood Capital in its attempt to buy the Australian Unity Office Fund. FollowingRead more
A fully-leased industrial investment north of Adelaide has sold for $10.1 million. In Gepps Cross, about 12 kilometres from theRead more
Interests associated with the Cohen family, founders of vacuum cleaner chain, Godfreys, have pocketed $27.64 million from the sale ofRead more
Singapore’s listed Straits Trading Company Limited has announced a joint venture partnership with Commercial & General to manage a portfolioRead more
A North Adelaide property said to have once been the family home of Rupert Murdoch (pictured, left) has hit theRead more
Perth-based Ascot Capital has sold a poultry plant in South Australia and an office building in the Australian Capital TerritoryRead more
LEND Lease has been unveiled the preferred “proponent for construction work” for the Adelaide Oval redevelopment.
The Adelaide Oval Stadium Management Authority with the Department of Transport, Energy and Infrastructure selected Lend Lease and its subsidiary, Baulderstone to design and construct a new stadium with a 50,000 person capacity (image of proposal, right).
A copy of Lend Lease’s announcement is below:Read more
ADELAIDE’s IKEA store is for sale, with a price tag of some $50 million.
The store at 397 Sir Donald Bradman Drive at the Adelaide Airport is being offloaded by direct property fund LEX Retail Property Trust. Unit holders agreed to sell the asset at a meeting last October.
The asset includes 24,500 square metres of area over two levels. The complex was built in 2006 and also includes a cafeteria, office, warehouse, loading dock and car park.
Colliers International’s director of investment services Alistair Mackie is marketing the property, which is on a prime corner adjacent to Adelaide’s principal entry – a developing commercial, retail and industrial hub.
DEFENCE Housing Australia has spent more than $150 million on some 500 houses in Adelaide’s northern suburbs.
The properties have been acquired since 2008 and are concentrated in housing developments near Edinburgh including Playford Alive, Blakes Crossing and around Gawler (train station pictured, right).
DHA has purchased an entire street in the Playford Alive development at Munno Para West.Read more
PASTA manufacturer San Remo has paid just over $8 million for an industrial property in Dry Creek, in Adelaide’s north.
The deal is Adelaide’s largest industrial transaction for three years. The site was sold by pipe manufacturer Rocla.
It’s reported San Remo will redevelop the 5.8 hectare site after Rocla vacates after a short-term lease back.Read more
ADELAIDE’S Development Assessment Commission is reviewing an $80 million, 27-level office and hotel development in the Adelaide CBD. The towerRead more
TWO years after shutting its doors as a movie house, the historic Glenelg Cinema is set to be demolished and replaced as a small shopping complex.
The 1937 building at 119 Jetty Road (pictured, right) was the subject of an online petition by the Adelaide Chapter of the Art Deco and Modernism Society.
Small cinema crusaders, architecture groups and locals were hoping prominent developer owner Andrew Taplin could strike a deal with Wallis Cinemas for a joint venture, which would have seen the cinema renovated into a seven-screen complex. Its facade would have been retained.Read more
A TINY development site being marketed as “Adelaide’s smallest block” has hit the market, and is expected to sell for between $230,000 and $250,000.
The 90 square metre city block at 10 Hamilton Place (pictured, right) is the smallest for sale on Adelaide’s real estate market, at present, according to the selling agent.
At Hamilton Place, between Whitmore Square and South Terrace, the block could accommodate a multi-level home that would be larger than apartments being offered in the city, which average between $400,000 to $500,000 and measure less than 100 square metres.Read more