The Currie Street Trust
The Currie Street Trust owns a historic office building, known as Elder House located in the heart of the CBD of Adelaide, SA. Acquired in 2019.
The Property contains a modern 8 level office building constructed at the rear of the heritage building and provides a total NLA of 13,561sqm.
The Property was acquired with low occupancy (29%) with the strategy to fully lease the Property within a 2 year period through a refurbishment and repositioning strategy.
To date, Acure has completed refurbishment works on the ground floor and created an attractive entrance arcade. Secured food and beverage operators on the ground floor, including Meat & Wine Co, a nationally renowned brand, under a 15-year lease.
Interest from prospective office tenants is strong.
Adelaide CBD, SA
Net lettable area