A 20-level office tower in one of Adelaide's premier business boulevards, 77 Grenfell Street, has been brought to market by JLL and Colliers. 

Featuring extensive four-street frontages and dual access points, it offers the potential for hotel, residential, student accommodation, or office repositioning. The property boasts an extensive retail frontage on one of  Adelaide's busiest city boulevards. All upper floor levels benefit from natural light on all sides and offer  panoramic city views and foothills. 

JLL's Managing Director & Head of Capital Markets, South Australia, Ben Parkinson, said the property's strategic redevelopment potential offers a rare opportunity for repositioning and conversion. 

"The asset is ideally suited for conversion into a mixed-use development with hotel and residential components, Purpose-Built Student Accommodation (PBSA), or residential apartments with flexible floorplates and multiple  proposed schemes already in place. 

"Located in a Capital City Zone (Central Business Policy Area 13) with no prescribed height limit, 77 Grenfell Street enjoys a commanding presence in the city's skyline. Towering 91 metres high, the building boasts superb  views in all directions." 

The property features 16,484sqm of Net Lettable Area (NLA) over 20 levels, comprising 15,888sqm of office  space, 596sqm of retail space and basement parking for 37 cars. It benefits from a high-profile CBD location  with four street frontages, modern existing office fit-outs, high-rise and low-rise lifts and end-of-trip facilities. 

In 2022, the building's waste management initiatives earned a 6 Star NABERS Base Building Waste Rating  the first in South Australia and one of only three buildings nationwide to achieve this distinction. With a recycling  rate of 94 per cent, it set a new benchmark as the highest-performing commercial building in Australia for waste  diversion. 

Jordan Schmidt, Head of Office Capital Markets & Investment Services | South Australia, stated, "Situated on  one of Adelaide's premier business boulevards, 77 Grenfell Street boasts excellent connectivity just steps from  Rundle Mall and superb public transport links. This prime location offers outstanding accessibility and  convenience, surrounded by numerous amenities. 

"This landmark property represents a strategic investment in the city's evolving commercial landscape, presenting a prime opportunity for repositioning within one of the CBD's most desirable precincts. 

"The broader area, including nearby Pirie Street, is experiencing substantial revitalisation, with upgrades and new developments enhancing its attractiveness. As development momentum in the CBD accelerates, 77  Grenfell Street is well-positioned to play a pivotal role in shaping the next phase of the city's urban evolution,"  Mr Schmidt added. 

JLL's Ben Parkinson, Luke Billiau and Jack Bergin are managing the sale together with Colliers' Alistair Mackie,  Jordan Schmidt, and James Mitchell, offering a 100 per cent freehold interest via an International Expression  of Interest (EOI) campaign, closing at 2pm (AEST), Thursday 16 April 2025.