Colliers' agents Alistair Mackie, Jordan Schmidt, and Jack Dascombe market the highly anticipated Parkline development's limited Commercial Podium Suites located on Dequetteville Terrace for sale on behlaf of Chasecrown.
Chasecrown has appointed Colliers to sell the highly anticipated Parkline development's limited Commercial Podium Suites. Located on Dequetteville Terrace, these properties offer stunning views of the East Parklands and Adelaide CBD, providing a unique opportunity for occupation or investment in a prestigious location.
The five Podium Suites, ranging from 177sqm to 1,267sqm, are situated on the Ground, Second, and Third floors. They feature exclusive lobby and lift access, high exposure signage rights, warm shell configurations, secure parking, and floor-to-ceiling windows with panoramic views.
Colliers National Director | Capital Markets & Investment Services Alistair Mackie said, "This is a rare opportunity for owner-occupiers and investors to secure premium commercial space in one of Adelaide's most prestigious developments. The limited number of suites, combined with their prime location and exceptional design, make this an unparalleled investment prospect."
Colliers Head of Office Capital Markets & Investment Services | South Australia, Jordan Schmidt, added, "There is significant demand for brand-new, premium office space. In Adelaide's market, premium spaces are often part of larger buildings and are available only for lease, not individual purchase. Given Parkline's limited number of high-quality strata suites within an architecturally designed and superbly finished building, we expect this opportunity to attract considerable attention from owner occupiers and investors."
Designed by Louis Kanellos of Chasecrown, creator of the award-winning EI8HT South Esplanade, and built by Multiplex, this project sets a new benchmark in quality and design for Kent Town. Blending contextual and contemporary design, the suites offer exclusive lift and lobby access, high-exposure signage rights, and secure parking.
Louis Kanellos, Director at Chasecrown, said, "These suites present as blank canvas opportunities to occupy or invest in this iconic location. The premium Commercial Podium Suites have been carefully designed, featuring an exclusive grand lobby with two-storey high ceilings, floor-to-ceiling double glazed windows, and a private lift. The adaptable floorplans incorporate a minimalistic design and high-quality finishes with panoramic views of the city parklands and dedicated secure parking. Prominent external signage is also available, benefitting from the highly exposed CBD arterial routes surrounding the development."
The strata offerings are part of Chasecrown's $120 million Parkline development. Spanning 12 storeys, Parkline is architecturally designed to incorporate its local historical surrounds while taking in uninterrupted and panoramic views of the surrounding city and parklands. The development comprises a collection of 61 boutique residences and 1,267sqm of commercial office suites. With a focus on sustainability, Parkline is 100% electric, capable of running net zero emissions, and provides the infrastructure for EV charging stations.
Parkline is located in Kent Town, a vibrant area with shops, galleries, cafes, bars, and restaurants. It is also home to prestigious schools and is within walking distance of Adelaide's Botanic Gardens, the National Wine Centre, and the CBD. The area is undergoing an urban transformation, evolving into one of the most sought-after locations to live and work, positioning Parkline to benefit from the surrounding growth and commercial activity.
Parkline's Commercial Podium Suites are offered for sale by Expressions of Interest, closing Tuesday, 15th April 2025, at 3pm (ACST). Colliers' agents Alistair Mackie, Jordan Schmidt, and Jack Dascombe are managing the sale.