Colliers lists landmark Halifax Street site with triple frontage and upscale potential.
Colliers is proud to present a rare opportunity to acquire a substantial freehold site in one of Adelaide’s most dynamic and evolving city precincts.
Positioned in the heart of Adelaide’s south-eastern CBD at 243–253 Halifax Street, the property spans approximately 2,310sqm across four Certificates of Title and boasts an impressive 148 metres of triple street frontage. The existing improvements comprise a two-level commercial building with office space, warehousing, and storage, offering immediate potential for holding income or adaptive reuse.
Jordan Schmidt, Colliers Head of Office Capital Markets & Investment Services | South Australia, said, “This is a truly rare opportunity to secure a significant landholding in a tightly held and rapidly transforming precinct. The property qualifies as a Catalyst Site under the City of Adelaide Development Plan, which opens the door to greater development outcomes than the current zoning allows (STCA), which would appeal to a wide range of buyers.”
“With zero stamp duty, vacant possession, and the ability to generate short-term income from the existing improvements, this asset will appeal to developers, owner-occupiers and investors alike.”
The site is zoned City Living, allowing for development up to three levels (STNC), with the potential for increased scale under Catalyst Site provisions. These policies encourage integrated developments that enhance the city’s residential population while supporting complementary commercial uses such as cafés, boutique retail, or hospitality.
Rhys Newman, Associate Director, Investment Services at Colliers Adelaide, added, “Halifax Street is undergoing a genuine transformation, fast becoming one of the most desirable east-west corridors in the CBD. The area blends heritage charm with modern urban living and is surrounded by high-quality residential, commercial, and hospitality developments.”
“Its proximity to the Central Market, legal and medical precincts, and the South Parklands makes it an incredibly attractive location for future development. The site’s accessibility and connectivity to the city’s fringe and inner suburbs only add to its long-term value.”
The property has been owner-occupied for decades and is now ready for its next chapter. Whether repositioned, redeveloped, or reimagined, 243–253 Halifax Street offers a compelling opportunity in one of Adelaide’s most exciting growth precincts.
The property is being offered for sale with vacant possession via an Expressions of Interest campaign closing Thursday, 4 September 2025 at 2:00pm (ACST).
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