CBRE is pleased to offer to market 449-451 Magill Road, St Morris SA, for sale via our National Elevate Expression of Interest Campaign.

The investment has the following key highlights:

+ Strategically located corner site in the affluent and tightly held suburb of St Morris, with a median house price of $1.53 million, and a median weekly income 16.7% higher than the Adelaide average.
+ Frontage to one of Adelaide’s most sought-after city fringe roads, servicing approx. 23,000 daily passing vehicles
+ The site also benefits from close proximity to arterials Portrush Road, Glynburn Road and The Parade, providing connectivity from all directions
+ Presents 174sqm* of retail space with an additional 45sqm* of storage in the rear shed, situated on a 622sqm* landholding
+ Strong Development potential (STCC)
+ Suburban Main Street zoning in the City of Norwood, Payneham and St Peters
+ Expansive onsite carparking at the rear of the property
+ Flexible opportunity for Development or Investment
+ No stamp-duty payable on commercial assets in South Australia

For Sale via Expression of Interest closing
Wednesday 8 April 2026 at 4:00pm (ACDT)

*Approximately
RLA208125