Once in a Lifetime Opportunity for Iconic Landmark Residence in North Adelaide

212 Tynte Street, North Adelaide, SA 5006

EOI
bedrooms N/A
bathrooms 1 cars 4 size 830 m2
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A wonderful historic area a stone’s throw from Adelaide CBD, North Adelaide records a median house price of A$997,500 and an annual price decline of -9.3 per cent. Defined by heritage-listed buildings and characterful streets, properties in North Adelaide stay on the market an average of 47 days.

Offering what can only be described as a once-in-a-lifetime opportunity, this is an incredibly rare chance to secure an iconic landmark residence in North Adelaide.

This one-of-a-kind 830 square metre property comprises the former Studio 9 building constructed circa 1882 and the attached Methodist Chapel constructed circa 1858.

The redevelopment opportunities of this glamourous residence are second to none.

With planning already approved, an incredible redevelopment is proposed by Matthew Architects with plans to design and create three designer residences with approximately 440 square metres of luxury living space each.

Alternatively, this grand residence could become one or two sprawling CBD mansions, the choice is yours.

Commanding the exclusive corner position of Tynte Street and Wellington Square, the current residence is split into two prestigious properties: the former Channel 9 Studio building and an adjoining chapel.

The impressive main sandstone building is built to the highest level of craftsmanship and features elegant architraves, expansive entrance foyer, grand gallery space and striking staircases.

The historic chapel next door is filled with angelic character where soaring ceilings, beautiful timber beams and amazing arched windows present a heritage charm.

Additionally, there’s an adjoining garaging for four cars already completed and there’s a provision for a lift or extra space for a wine cellar.

All of this sits in the perfect position in the heart of North Adelaide where the best of a cosmopolitan lifestyle awaits. Residents are beside the abundance of cafes, restaurants, and specialty stores of O’Connell Street, the North Adelaide Shopping Village, the Queen’s Head Hotel, The Lion Hotel and the iconic Adelaide Oval.

ABOUT North Adelaide

Source: RP Data

  • – A$997,500 Median House Price
  • – -9.3% Annual Price Growth
  • – 6,823 Population
  • – 39 Average Age

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