A five level, New York-style office building at 28 Franklin Street Adelaide CBD for sale, the iconic Darling Building marketed by Colliers’ Alistair Mackie and Rhys Newman in conjunction with Guy Bennett and Oliver Totani of Knight Frank.

The five level, New York-style office building at 28 Franklin Street offers 1,553 sqm of space, together with an open rooftop featuring a boutique studio/cottage, located in a prime position at the core of the Adelaide CBD.

The property is for sale by Expressions of Intrerest closing October 14 at 4pm (ACST), through Colliers’ Alistair Mackie and Rhys Newman in conjunction with Guy Bennett and Oliver Totani of Knight Frank.

“Originally built in 1916, the Darling Building was fire damaged in circa 2000 before being gutted and fully refurbished from mid-2016, with all new services and amenities and a 5.5 star energy rating,” Mr Mackie said. “It now presents as one of Adelaide’s highest quality boutique office buildings.

“The refurbishment has created a stunning and unique working environment with high ceilings and excellent natural light.”

Fully leased to five tenants, Mr Mackie said the Darling Building offered a diversified income stream, strong WALE and zero capex exposure, elevating it’s a-grade investment consideration.

The high calibre tenants include Williams Burton Leopardi Archiects, Botten Levinson Lawyers, Mutual Trust, Baukultur and Amplified Intelligence.

Since its refurbishment, Darling Building has won six Australian Institute of Architecture awards, two Adelaide Review Innovation awards and two Design institute of Australia Gold Awards.

Centrally positioned, the Darling Building sits strategically on the corner of Franklin and Bentham Streets at the heart of the Adelaide CBD, close to the GPO, Central Markets, Law Courts precinct, and popular restaurants.

“Located centrally within the CBD, its position ensures ease of access for its commuters and access to outsanding amenity, including Adelaide’s popular laneways,” Mr Bennett said.

“The Darling Building offers connectivity that is highly sought after by CBD occupants, with direct access to the core business districts of Waymouth, Pirie, Flinders and King William Streets, whilst also ensuring its users get the best out of Adelaide’s burgeoning hospitality and culture.”

To request a copy of the Information Memorandum please contact one of the marketing agents via the contact details below. 

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