Tag: <span>mcgees property adelaide</span>

State Heritage Register-listed Hebart Hall to be reborn as residence

February 25, 2025

102-120 Jeffcott Street, North Adelaide

One of blue-chip North Adelaide’s finest heritage buildings is set to be reborn as a residence.

Circa-1882 Hebart Hall, at 102-120 Jeffcott Street, sold to a Sydney-based buyer for $7.5 million in a deal which has now settled.

It is part of the Lutheran Church’s broader 1.9-hectare mega-site made up of 12 separate allotments across multiple titles in a prime inner-city location, which was sold by McGees Property’s James Juers and Simon Lambert for a combined $50 million-plus.

Recognisable by its distinctive clock tower, State Heritage Register-listed Hebart Hall comprises a 22-room building of more than 1,600sqm on a site of 4,108sqm, with access from Ward and Jeffcott Streets. The entire building is protected by Heritage South Australia, excluding lean-to additions inside the wings of the building.

Juers said the buyer plans to maintain and restore the heritage aspects of the building and convert it into a residence.

“Hebart Hall attracted interest from around Australia and overseas. Buyers recognised this was a once-in-a-century opportunity to make a piece of North Adelaide’s history their own,” he said.

“It’s fantastic to see a new chapter like this for Hebart Hall, which will become one of Adelaide’s most striking homes.”

Lambert said the result reflected the strength of Adelaide’s residential and development market, particularly in blue-chip suburbs such as North Adelaide.

“People want to be close to quality hospitality and lifestyle amenity,” he said.

“Hebart Hall is close to all the restaurants, cafés, bars and shopping of the CBD and North Adelaide, and is moments from world-famous Adelaide Oval, parklands and gardens, North Adelaide Golf Course and Adelaide Zoo.”

Hebart Hall was originally built as a College on land owned by George Fyfe Angus and has been associated with education since. The building was for a short period from 1916 to 1922 used as a repatriation hospital during World War 1, before being purchased by the Lutheran Church as a College and Seminary in 1922, for which it has been used to the present day.

The Lutheran Church will remain at the site until mid-2025.

The entirety of the 1.9-hectare site has frontages to Ward, Jeffcott and Archer Streets and Wellington Square. It has the Lutheran Church in Australia’s national headquarters, and includes a residential college, apartments, hostel rooms and townhouses, an office building, refectory, library, and vacant development sites, as well as Hebart Hall. McGees’ international campaign marked the first time in over 100 years the site was for sale, and generated more than 350 enquiries and achieved a result well in excess of the vendor’s expectations.

Herbart Hall Exterior

The transaction included several buyers, from South Australia and interstate. Across the site, the buyers – including prominent local developer Genworth Group – plan a mix of both single and multi-home developments and repurposing of existing structures, potentially with high-end living, apartments, townhouses and retirement living.

The Lutheran Church will use proceeds from the sale to support its mission and ministry, and with the assistance of James Juers of McGees has found a new home in the Adelaide CBD, showcasing McGees’ end-to-end services for clients as part of its full-service offering.

For more information on this transaction, contact:

James Juers on jjuers@adl.mcgees.com.au or 0438 442 909

Simon Lambert on slambert@adl.mcgees.com.au or 0408 846 999

View listing: 102-120 Jeffcott Street, North Adelaide | McGees Property Adelaide

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More than $10m expected for generational industrial offering

February 20, 2025

133-139 Bedford Street, Gillman

More than $10 million is expected for a generational offering in one of Adelaide’smost tightly-held industrial precincts.

McGees Property Partner Andrew Wilson and McGees Senior Executive – Sales & Leasing – Industrial Logistics Marco Onorato are marketing 133-139 Bedford Street, Gillman on behalf of private owners who have held the property since 2011.

The significant property comprises a 7,873 sqm office and warehouse facility plus canopy on a 16,177 sqm site with a 75 metre frontage. It features heavy vehicle drive-around access, three-phase power supply, 30kW solar system, and sprinkler system throughout.

It is currently leased to U-Pull-It Pty Ltd until June 2025 and available for occupation thereafter.

“This is one of the best Adelaide industrial properties to hit the market in the early running of 2025,” Wilson said.

“We’re expecting statewide and national interest from investors, owner-occupier sand developers alike – this is a fantastic versatile opportunity in a prime, well-connected location.

“Positioned within the Strategic Employment Zone of the City of Port Adelaide Enfield, the property is close to Outer Harbor Port and the Defence precinct, and offers direct access to major arterial roads including the Port River Expressway and North-South Motorway.”

Onorato said owner-occupiers will note the practicality of the facility and its strategic location, accessible to key industrial locations and much of Adelaide.

“There’s strong leasing demand in core precincts. Established industrial hubs are continuing to attract tenants, with a heightened focus on well-located facilities that offer good access, quality warehousing, and flexibility.

”In McGees Property’s newly released 2025 Industrial Forecast, Wilson said that with limited land availability, investors are focusing on value-add opportunities.

“Sites that are land-rich with existing improvements that can be repositioned, upgraded, or redeveloped to maximise value in the shorter-term are particularly sought-after,” he said.

“This is a generational opportunity to acquire more than 1.6 hectares of prime industrial land at a time in which Adelaide is experiencing the most significant industrial land shortage in Australia.”

For more information on this transaction, contact:

Andrew Wilson on awilson@adl.mcgees.com.au or 0450 965 633

Marco Onorato on monorato@adl.mcgees.com.au or 0481 157 645

View listing: 133-139 Bedford Street, Gillman | McGees Property Adelaide

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Excellent showroom plus pad site opportunities in Adelaide’s booming northern growth corridor

February 10, 2025

Tudor Vale Shopping Centre, Munno Para West

Retailers have the chance to make their mark on a booming part of Adelaide’s northern growth corridor, with some 13,360sqm of versatile space available for lease at the soon-to-be-developed Tudor Vale Shopping Centre.

McGees Property Large Format Retail – Director Dallas Sears is marketing the space in Munno Para West.

The available spaces include showrooms of 2,795sqm, 5,400sqm, 2,300sqm and1,600sqm which can be divided into various sizes, together with a service station pad site and two fast food pad sites.

The new Tudor Vale Shopping Centre will be home to a Coles supermarket, Liquorland, Terry White Chemist and seven specialty retailers, with Aldi now open and trading next door.

Handover of the space is due in late-2026.

“This is a remarkably versatile offering that will suit most types of users,” Sears said.

“The larger spaces could be utilised by any type of retailer who sits well next to as hopping centre – which could be anything from gym and fitness, to discount variety, to furniture, or services, while the pad sites are suitable to food, fuel, car wash, and automotive users,” she said.

Tudor Vale Shopping Centre, Munno Para West

“The tenancies are located on the north-east side of the Northern Expressway and Curtis Road, with 33,200 passing vehicles each day. The site has excellent exposure not only along Curtis Road, but also from the Expressway itself. Add to this the proximity to Tudor Vale Shopping Centre itself and the recently opened Aldi supermarket, and the tenants will benefit from a lot of exposure and foot traffic.

“This is a golden opportunity for retailers to make their mark on a booming part of Adelaide’s northern growth corridor.”

Directly behind the development is the Tudor Vale master-planned community, which has 460 allotments in total – with stages 1 to 4 all sold out – while Brookmont Estate is on the opposite side of Curtis Road, another master-planned community that will be home to over 975 new families.

Sears noted that the City of Playford’s expansion of residential development in the northern growth corridor, including Munno Para West, is currently underway. According to population forecasters .id, the population of Munno Para West and Munno Para Downs is currently just over 7,100 and is due to grow to more than22,200 by 2046, and the broader City of Playford will surge to nearly 184,000 people.

“Retailers that set up here at Tudor Vale Shopping Centre will have a captive audience in the immediate surrounds and will benefit long-term from a strong ongoing growth in the broader catchment,” Sears said.

She said the commitments from major supermarkets Coles and Aldi are a huge vote of confidence in the location.

“Commitments from major supermarkets and retailers are a great bellwether for population growth and trading prospects,” she said.

For more information contact the exclusive selling agent, Dallas Sears on dsears@adl.mcgees.com.au or 0433 301 590.

View listing: Lot 325 Curtis Road, Munno Para West | McGees Property Adelaide

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Whole-floor office opportunity in the heart of the CBD

December 3, 2024

Level 2, 108 King William Street, Adelaide

Owner-occupiers and investors have the rare chance to secure a whole-floor office in
the heart of Adelaide’s CBD.

McGees Property’s Yee Ng and Simon Lambert are marketing Level 2, 108 King
William Street, Adelaide via Expressions of Interest closing Wednesday, 11 December
at 4pm.

The price guide is $1.8 million to $1.9 million.

The property comprises the whole of level two of the 12-storey office building, with a
net lettable area of 530sqm. It is currently leased to Water Find Pty Ltd on a month to-month basis, currently returning $150,840 per annum plus outgoings and GST.

Adelaide has recorded the nation’s strongest levels of demand for office space
during 2024, with demand coming in at almost 600% above historic average for the
Adelaide CBD, according to the Property Council of Australia.

“The property is within walking distance of Adelaide’s retail epicentre Rundle Mall, as
well as the CBD’s main business precincts, public transport and parking facilities.

“Recent upgrades to the building’s foyer and lift facilities have added to the
property’s appeal and value.”

For more information contact this transaction, please contact:

Yee Ng on yng@adl.mcgees.com.au or 0402 715 883

Simon Lambert on slambert@adl.mcgees.com.au or 0408 846 999

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Flex your development muscle

December 2, 2024

210 Main Road, Blackwood

A rare substantial site in one of Adelaide’s most desirable suburbs has hit the
market, boasting both commercial and residential zoning and primed for its next
chapter.

McGees Property Adelaide is offering for sale 210 Main Road, Blackwood, via
Expressions of Interest closing on the Thursday, 12 December, on behalf of private
investors who have owned the property since 2003.

The property spans 5,237sqm and is strategically positioned in the heart of
Blackwood, in the foothills of Adelaide, and offers excellent visibility and
accessibility with three street frontages and a location adjacent to both Coles and
Aldi supermarkets.

Originally home to squash courts, the site has since been converted to a gym and
wellness centre with 2,654sqm of building. It is being offered with vacant
possession.

“This exceptional property boasts both commercial and residential zoning, and
presents a unique opportunity for developers and investors to acquire a versatile
asset in one of Adelaide’s most desirable suburbs,” said Craig Feely, Partner at
McGees Property Adelaide.

“Ready for its next chapter, this offers immense potential for developers looking to
create a landmark development in this thriving hills community.

“We’re also expecting interest from investors and value-add buyers who see value in
its ongoing use as a gym and wellness centre. Medical use is also an attractive
option at the site, with the chance to deliver a genuine fitness and wellness hub to
the community.”

James Juers, Partner at McGees Property Adelaide said, “This development site is a
rare find in the Blackwood area”.

“We’re anticipating strong interest from a wide range of buyers, from local through to
national developers, investors, and value-add buyers. It’s incredibly rare for a site of
this size and nature to come up for sale in Blackwood,” he said.

“The zoning allows for mixed-use and residential development, including an option to
build another two storeys of apartments above the existing building.

“Blackwood is a hugely desirable suburb, offering a picturesque lifestyle with easy
access to the city by public transport, and within timely travel distance to the
beaches. These attractions mean there is ongoing demand for residential product,
which would most likely be well received by the market.”

For more information on this transaction, contact:

Craig Feely on cfeely@adl.mcgees.com.au or 0400 506 788

James Juers on jjuers@adl.mcgees.com.au or 0438 442 909

View listing: 210 Main Road, Blackwood | McGees Property Adelaide

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High-exposure new showroom opportunity with huge immediate catchment

November 27, 2024

271 Commercial Road, Port Adelaide

Retailers have the opportunity to move into a high-exposure new showroom located
close to Port Adelaide and adjacent to the revamped Port Adelaide Plaza, and which
is primed to cater to a huge established local catchment within just a few minutes’
drive time.

McGees Property’s Director – Large Format Retail Dallas Sears and Senior
Commercial Property Manager Bianca De Villiers are marketing the development at
271 Commercial Road, Port Adelaide on behalf of a private investor.

The new retail space will total 5,086sqm, with different spaces available.

“The plan for the development allows for showrooms of various sizes, so any kind of
large format retail would work here,” Sears said.

“Zoning allows for a broad retail offering, which also means we could potentially look
at offerings like supermarkets, and more traditional retailers that have a large
footprint,” she said.

“The property is in a high-exposure location on the corner of Commercial Road and
Cleave Street, and moments from Port Adelaide Plaza Shopping Centre, with around
29,200 cars passing per day.

“This immediate area is already busy due to Port Adelaide Plaza, which has
undergone an $80 million redevelopment and has just welcomed a brand-new large format Big W, and will be further boosted by the opening of a new Woolworths
supermarket early next year, in addition to the existing Aldi supermarket.”

She noted that further traffic comes from the nearby Docks, a McDonald’s directly
opposite the site, and KFC and Supercheap Auto which are also just moments away.
De Villiers said that as well as the high exposure, tenants would benefit from the
sizeable local catchment that the space will service.

“The 10-minute drive time catchment for this site covers Outer Harbor down to
Tennyson and Grange, and then back towards Woodville and Croydon Park, which
includes some 110,381 people,” she said.

“Retailers that set up here have a fantastic opportunity to capture a ready audience
across Adelaide’s north-west.

“The site is easily reachable via Port Road, Victoria Road, Port River Expressway, and
Grand Junction Road, opening up access to even more of Adelaide within a
convenient drive time.”

Sears added, “We’ve already had interest in this fantastic location from a number of
high-quality national retailers who we are working through plans with.”

For more information contact the exclusive selling agents:

Craig Feely on cfeelyy@adl.mcgees.com.au or 0400 506 788

Bianca De Villiers on bdevilliers@adl.mcgees.com.au or 0476 157 212

View listing: 271 Commercial Road, Port Adelaide | McGees Property Adelaide

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Invest in one of South Australia’s fastest-growing townships

November 26, 2024

41-43 Gawler Road, Mount Barker

Investors have the opportunity to be part of the growth story of one South Australia’s
fastest-growing townships, with the fully-leased retail and commercial complex with
ASX-listed and national tenants, Von Doussa Mall, coming to market.

McGees Property’s Yee Ng and Simon Lambert are marketing the property at 41-43
Gawler Street in Mount Barker, with expectations in the low $6 millions range,
equating to a circa 7% yield.

Expressions of interest close Thursday, 5 December at 4pm.
The two-storey office and retail building has a net lettable area of 1,249sqm, on
808sqm of land with Suburban Main Street zoning.

Among the seven tenants are ASX-listed big four banks Commonwealth Bank and
Westpac, as well as Wise Employment, Jobs Statewide, Jobs Australia Enterprises
an Summit Health, on a range of long-term leases with options and short-term deals.
Total passing net rental is currently $423,193 per annum.

“Buyers have a remarkable opportunity here to invest in one of South Australia’s
fastest-growing townships,” Ng said.

“The property brings an immediate healthy return with opportunities to capture rental
uplift in the coming years, and offers excellent long-term trade and rent prospects.”

Nestled in the Adelaide Hills and only 32 kilometres from the Adelaide CBD, Mount
Barker is the retail and commercial heart of the Mount Barker District Council, which
has consistently outpaced South Australia’s annual population growth and has a
population of 33,000 that is expected to surge to 55,000 by 2036 . 1

Lambert said Mount Barker has in recent years seen significant growth driven by its
appealing lifestyle, family-friendly amenities and proximity to Adelaide, making it an
attractive choice for new residents, businesses and developments.

“With a promising outlook and ongoing development, Mount Barker presents an ideal
investment opportunity, ensuring long-term value and growth potential. We’re
expecting interest from buyers from South Australia and across the country.

“National investors will note the ability to acquire a high-returning asset with
excellent prospects, with no requirement to pay stamp duty or GST on the purchase,”
he said.

For more information on this transaction, contact:

Yee Ng on yng@adl.mcgees.com.au or 0402 715 883

Simon Lambert on slambert@adl.mcgees.com.au or 0408 846 999

View listing: 41-43 Gawler Street, Mount Barker | McGees Property Adelaide

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McGees Property’s Andrew Wilson awarded top accolade

November 20, 2024

Andrew Wilson – Winner – REISA Salesperson of the Year – Commercial and Industrial Gold Award

McGees Property’s Andrew Wilson has earned one of the highest accolades in South
Australian property, named Salesperson of the Year – Commercial and Industrial at
the Real Estate Institute of South Australia (REISA)’s Awards for Excellence.

The award caps off a year for Wilson that has seen him transact a number of the
state’s key deals, including the $25.5 million off-market sale of the former DHL site in
Pennington – one of Adelaide’s biggest industrial transactions in 2024.

Together with Michael Dimasi, Wilson negotiated 45 sales transactions totalling
circa $119 million in the 2024 financial year.

This year has also seen Wilson made Parter at McGees Property.

“Andrew prides himself on trying to add as much value as possible throughout any
transaction,” said McGees Partner James Juers.

“McGees Property is immensely proud of Andrew, and pleased that he has been
recognised for his hard work, and his commitment to his role and dedication to the
real estate industry, which sees him deliver excellent outcomes for his clients.”

McGees Property Partner, Simon Lambert, said, “McGees Property has continued its
evolution in its 40th anniversary year, growing the agency with key appointments and
negotiating landmark deals. This award represents Andrew’s fantastic work, as well
as the entire team’s dedication and achievements.”

Wilson said, “I’m incredibly honoured to receive this award from REISA”.

“This recognition reflects not only my efforts but also the invaluable support of
Michael Dimasi and our outstanding support team — Cathy, Nerida, and Liberty —
whose consistent efforts are key to our success.

“Together with Marco Onorato, Ross Christodoulou, Michael Dimasi, and Daniel
Scinto, we look forward to continuing to position McGees as a market leader in the
industrial space.”

Other key deals Wilson has recently negotiated include a $10.6 million sale in
Camden Park, and sales of circa $10 million at Santa Parade and $7.5 million at
Eastern Parade in Port Adelaide.

Andrew Wilson – Partner

awilson@adl.mcgees.com.au | 0450 965 633

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New showrooms in Riverland Central

November 4, 2024

Riverland Central Plaza, 34 Kay Avenue, Berri

Some 2,000sqm of brand-new large-format retail space at Riverland Central Plaza
presents the opportunity for businesses to establish themselves in the key Riverland
region centre of Berri, with a captive catchment of nearly 30,000 people.

Dallas Sears, McGees Director – Large Format Retail and McGees Partner, Craig Feely
are marketing for lease the to-be-developed space at 34 Kay Avenue in Berri, which is
under the management of PPI Funds.

A single tenancy of up to 2,000sqm could be built, or the development could be
made up of smaller tenancies from 634sqm.

“This is the main shopping centre in Berri and it’s also next to the only Aldi in
Riverland, so this is a fantastic opportunity to capitalise on the high foot traffic,”
Sears said.

Riverland Central is home to Coles, K-Hub, and Cheap As Chips plus 18 specialty
stores, and together with the neighbouring Aldi and Pets Domain drives visitation
throughout the day.

Sears said the Riverland Central precinct services a strong catchment.
“This is a fantastic opportunity for businesses to establish themselves in the retail
heart of Riverland’s commercial hub of Berri and the surrounds, with a captive
audience of 29,060 people within a 45-minute drive time,” she said.

Feely said, “We’re expecting strong interest from automotive, home improvements,
tools and trades, and furniture and bedding retailers”.

“The spaces are yet to be built, and the sizes can be flexible, which presents a range
of options for different users.”

The spaces will be built across one level. Front retail doors, air conditioning, rear
roller doors and high bay lighting all come as standard.

CommSec’s State of the states report has shown South Australia’s economy has
outperformed the rest of the nation in recent months.

For more information contact the exclusive selling agents:

Dallas Sears on dsears@adl.mcgees.com.au or 0433 301 590

Craig Feely on cfeely@adl.mcgees.com.au or 0400 506 788

View listing: External/34 Kay Avenue, Berri | McGees Property Adelaide

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Bunnings Warehouse redevelopment in the heart of Adelaide’s southern growth corridor

September 16, 2024

206-210 Beach Road, Noarlunga Centre

A former Bunnings Warehouse redevelopment presents the opportunity for
businesses to establish themselves in the major retail and commercial area of
Adelaide’s fast-growing southern corridor, in one of the city’s biggest large format
retail offerings of 2024.

Dallas Sears, McGees Director – Large Format Retail and McGees Director, Craig
Feely are marketing for lease the 12,096sqm of large format retail space at 206-210
Beach Road, Noarlunga Centre, on behalf of ASX-listed REIT BWP Trust.

The building is proposed to be redeveloped into modern showroom spaces with new
shopfronts and façades. The areas available include showrooms from 1,800sqm up
to the whole building of 12,096sqm – the tenancies can be tailored to suit a
business’s need – as well as a fast food pad site, which will be the first fast food site
in the precinct visible coming off the Southern Expressway.

The spaces also present excellent signage potential, rear delivery access and ample
car parking.

The site is part of a broader retail precinct that anchored by the close-by Colonnades
Shopping Centre – to where Bunnings has relocated to an even larger premises –
which is the third-largest shopping centre in South Australia at just under 90,000sqm.
The precinct aslo includes large-format majors such as Harvey Norman, Fantastic
Furniture, Spotlight, Anaconda, JB Hi-Fi, Officeworks, BCF, Rebel Sport and more.

“This is an excellent opportunity for businesses to establish a high-profile, well-connected presence in the heart of the major retail and commercial area of Adelaide’s southern growth corridor,” Sears said of 206-210 Beach Road.

“The corner site sees 34,500 vehicles going past per day, and offers easy access to
the Southern Expressway, making the site highly visible and easy to get to.”

The City of Onkaparinga is expecting its population to grow to more than 209,000
people by 2041, which could mean the addition of nearly 30,000 residents between
now and then.

“Within just a short 10-minute drive alone there’s a captive audience of 87,467
residents, and the broader catchment is projected to grow very strongly over the next
decade and beyond, underpinning demand and trade prospects,” Feely said.

“We’re expecting interest from local and national retailers all looking to be part of
southern Adelaide’s growth story.”

Demographics show that people in the area spend more than the Adelaide average in
the “clothing and footwear” and “household goods” categories.

CommSec’s State of the states report has shown South Australia’s economy has
outperformed the rest of the nation in recent months.

For more information contact the exclusive leasing agents:

Dallas Sears on dsears@adl.mcgees.com.au or 0433 301 590

Carig Feely on cfeely@adl.mcgees.com.au or 0400 506 788

View listing: 206-210 Beach Road, Noarlunga Centre | McGees Property Adelaide

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