Rare inner-metro Adelaide landholding with significant value-add potential offered for sale

Adelaide, Australia – A commercial property in inner Adelaide’s Edwardstown occupied by long-standing tenants Greg Chappell Cricket Centre and X-Road Fitness is up for sale. 

The substantial land-rich investment at 375 Cross Road offers investors, owner-occupiers and developers a rare opportunity to secure a large-scale holding in a tightly-held precinct just six kilometres from the CBD. 

The property occupies a prominent 7,684sq m site on the corner of Railway Terrace and Cross Road, with more than 91 metres of frontage to the latter, which is one of Adelaide's major arterial routes, benefitting from exposure to more than 17,700 vehicles per day. 

It has a building area of 3,791sq m across three tenancies, including established occupiers Greg Chappell Cricket Centre and X-Road Fitness, with a further 675sq m vacancy providing immediate owner-occupation or leasing opportunities. It also has 85 car parks. 

375 Cross Road is being taken to the market via an Expressions of Interest campaign managed by Knight Frank agents Ryan Mills, Ned Walter and Harrison Grice. 

The property provides substantial holding income, together with significant rental reversion – with average passing rents below market - and repositioning or redevelopment potential, given the significant size of the landholding. 

Mr Mills said: “Properties of this scale, exposure and connectivity are exceptionally difficult to secure within established metropolitan locations,” he said. 

“Strategically positioned on the corner of Cross Road and Railway Terrace, the property benefits from excellent visibility, strong vehicular traffic and accessibility, and proximity to the North-South Motorway. 

"The property is underpinned by a substantial land component, providing flexibility for investors seeking rental growth, owner-occupiers looking to establish themselves in a highly accessible metropolitan location and developers looking for future upside.” 

Mr Walter said it was expected there would be strong demand for the property from a wide range of buyers. 

“In the current market buyers are looking for well-located assets with value-add potential, and this property ticks all the boxes,” he said. 

“Adelaide is increasingly attractive for investors from around Australia, with the city offering relative affordability to the major capitals, as well as the added benefit of zero stamp duty payable on commercial transactions.” 

Located at the intersection of major transport routes including Cross Road and South Road, the Edwardstown property benefits from convenient access to Adelaide's North-South Motorway corridor, the CBD and surrounding metropolitan markets. 

The site is zoned Employment, allowing for a broad range of commercial, industrial, warehousing and business uses, subject to the necessary approvals. 

The Expressions of Interest campaign for the property closes at 4pm (ACST) on Thursday, September 3, 2026.

-Ends-
For further information, please contact:
Vanessa De Groot – Marketing & Communications, Knight Frank
Vanessa.degroot@au.knightfrank.com +61 410 460211

Notes to Editors
Knight Frank LLP is the leading independent global property consultancy. Headquartered in London, the Knight Frank network has 600+ offices across more than 50 territories and more than 20,000 people. The Group advises clients ranging from individual owners and buyers to major developers, investors, and corporate tenants. For further information about the Firm, please visit www.knightfrank.com.