Adelaide CBD car spaces fetching $47,000

Adelaide CBD car spaces fetching $47,000
Jonathan ChancellorJuly 13, 2015

A prime Adelaide CBD multi-deck car park with development potential in central Adelaide has sold for $27,001,000. 

The sale price represents a rate per bay of almost $47,000.

Colliers International’s Ian Thomas, Alastair Mackie and Paul Van Reesema sold the Union Street car park located at 52-70 Frome Street in Adelaide.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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