Colliers agents Rhys Newman and Jack Dascombe presents a versatile commercial property with significant redevelopment potential in the thriving Adelaide Hills for sale.
Colliers bring a commercial opportunity to market in the Adelaide Hills community of Lobethal. Spanning two Certificates of Title, 60-60A Main Street occupies a 2,958sqm* landholding within Lobethal’s commercial and retail precinct.
The existing improvements comprise a large character building of 828sqm*, which features a large, open-plan commercial/retail space complemented by individual rooms. The building boasts large glass-fronted shop fronts which extend along the property’s 44.3m frontage, providing excellent natural light.
Rhys Newman, Colliers Associate Director, South Australia | Investment Services, said, "The property is strategically positioned in the heart of the tightly held main road precinct of Lobethal, representing a fantastic opportunity for owner occupiers and developers. Zoned Township Main Street, the property provides flexibility for various uses and development outcomes."
Jack Dascombe, Colliers Executive, South Australia | Investment Services, added, "Local hospitality activity such as the recently re-built Vinteloper Cellar Door, Lobethal Bierhaus, Golding Wines and Tilbrook Estate is a testament to the ongoing growth of the Adelaide Hills community. There is significant opportunity for businesses to capitalise on this growth and secure strategic sites in key main street locations."
"Ever since the onset of COVID, there has been significant growth in the number of people seeking to live in regional communities, stimulated by factors including greater affordability, living space, and a more distinct separation between home and the office," Mr Dascombe commented.
Since March 2020, regional SA has recorded the second-highest increase in dwelling values across Australia, a significant 73.1%. Lobethal, in particular, has seen its dwelling values increase by 16.4% over the past 12 months alone.
The property is situated under 40 minutes* drive from Adelaide CBD and near some of Adelaide Hills' best amenities, including Lobethal Bierhaus, Golding Wines, Tilbrook Estate, Melba's Chocolates, and Hahndorf. Lobethal is surrounded by popular and growing Adelaide Hills townships including Woodside, Charleston, Oakbank, and Birdwood, presenting a unique opportunity for owner occupiers to establish their businesses or astute developers to secure a large, well-located land holding.
Colliers' agents Rhys Newman, Jordan Schmidt, and Jack Dascombe are managing the sale of 60-60A Main Street, Lobethal, which is offered for sale by Expressions of Interest, closing Tuesday, 15 April 2025.