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Adelaide's City Cross Shopping Centre Comes To Market

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The Makris Group has placed the City Cross Shopping Centre and adjoining office tower 32 Grenfell Street - one of Adelaide's biggest redevelopment opportunities - on the market.

Marketing agents JLL expect the property will fetch more than $120 million, The Australian Financial Review reported.

Located in Adelaide’s  Rundle Mall, City Cross comprises a combined 10,524 square metres of core retail and commercial floor space, set on a site of 6,779 sqm.

The property offers opportunities for redevelopment. Subject to DAC approval, the development could comprise the existing retail, a 22,490 square metre commercial office tower, 316 residential apartments and a 56 bed student accommodation tower.

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Article originally posted at: https://theurbandeveloper.com/articles/adelaide-city-cross-shopping-centre-makris