97 King William Street, Adelaide, SA 5000

CBRE, in conjunction with Bennett Lane, is proud to offer for sale 97 King William Street, Adelaide.  A once in a near century opportunity to acquire a true CBD landmark, deep in history with stunning profile. Originally constructed as the home of the Bank of South Australia between 1939 and 1943, the building was the home of the bank for over 80 years with its facade, banking chamber and interiors offering a level of craft no current office development possesses.

97 King William Street is in the absolute heart of Adelaide’s CBD, located between Currie and Waymouth Streets and beside the RAA Tower, inside the city’s financial core. Rundle Mall is 250m north, the tram stops 30m from the door and the bus stop is directly in front of the man entrance.

Key Investment Highlights:
 
• Heritage building with NLA of 15,064sqm* including basement, ground, mezzanine and eight upper levels
 
• 97% vacant offering exciting refurbishment/adaptive reuse potential
 
• Adaptive re-use potential with current layout suiting office with genuine hotel, living, education or mixed-use options, subject to approvals
 
• A New York style banking chamber on the ground floor with marble columns and ornate ceilings, ready to become a lobby, restaurant, or flagship retail space
 
• Large floorplates 942sqm to 2,127sqm*, with three podium levels above 1,700sqm
 
• Basement parking 28 car parks, plus basement vaults and storage
 
• Site area of 2,564sqm* of freehold land in Adelaide’s core CBD
 
• Commanding King William Street frontage with additional side-street access
 
• Zero stamp duty

• 4.5-stars NABERS Energy Rating

* approximately


This is a genuinely rare opportunity to re-imagine one of the city’s most historically significant buildings. Rich in character, the property combines a distinguished past, with the scale and flexibility to shape its future.

97 King William Street is offered for sale by Expressions of Interest closing Wednesday, 18 November 2026 at 3:00pm (ACDT).
 
For further information and access to the Electronic Data Room, please contact the joint selling agents:

CBRE
Alistair Laycock (+61 412 136 011); Ian Thomas (+61 401 715 520)

Bennett Lane
Matthew Lane (+61 417 089 637); Guy Bennett (+61 418 808 548)