Landmark Building Converts To 5-star Luxury Residential And Commercial

Known for having some of the world’s best wines, Adelaide is also enjoying a wave of luxury redevelopment in the CBD as it sees the launch of Three-Two-Two by the Karidis Corporation.

Three Two TwoKnown for having some of the world’s best wines, Adelaide is also enjoying a wave of luxury redevelopment in the CBD as it sees the launch of Three-Two-Two by the Karidis Corporation.
Located at 322 King William Street, on the site of the former Trims Family Clothing Store, Three-Two-Two will be a $275 million luxury landmark twin tower mixed-use development.
Gerry Karidis AM, the man behind Three-Two-Two, is an iconic figure in the property world, and having travelled the globe, knows what luxury encompasses and what buyers are seeking.
“…322KWS will rival the standards of prestige apartments found in some of the greatest cities in the world. We are very proud to present this new fusion of luxury and lifestyle to Adelaide…”
The team at Savills Australia, who have been exclusively appointed to market the prestigious Three-Two-Two King William Street, said that the project will be a striking new addition to the Adelaide skyline with two 30-level glass towers housing a mix of high-end luxury apartments, premium commercial office suites and a world-class collections of restaurants, bars, rooftop wine lounges and piano bars and vibrant retail.
Three-Two-Two will be the epitome of luxury residential, capturing the essence of the world’s finest hotels. The Michelin star standard rooftop restaurant/bar will be a major drawcard for Adelaide and will become a destination in itself, with spectacular views from the Adelaide Hills to the ocean.
The twin towers of Three-Two-Two King William will rise from a two-storey central podium, also containing international standard restaurants, bars and retail outlets.
The project will cover seven floors of car parking, nine floors of commercial suites and nine floors of top-end residential apartment accommodation.
Both towers will feature 63 apartments with each apartment providing high-end luxury living for owner-occupiers wishing to enjoy a five-star hotel lifestyle in the heart of the city.
Uniquely, the apartments and commercial suites will also have their own private concierge, the first development of this kind in Adelaide offering this service.
Owners will also have access to an exclusive full-service interior design team to help them personalise the fit out of their apartments, including furniture.
Steve Testar of Savills Residential, the selling agent, said “soaring over 30 levels, Three-Two-Two will be an outstanding residential development that will offer world class luxury.
“With the quality of this five-star development, we anticipate that there will be a number of local, national and international owners, investors and tenants looking to secure their position in this landmark project.
Moreover, whilst there continues to be significant interest in Sydney’s residential market, we have also seen a shift with international buyers showing a growing interest in Adelaide.”
The residential component will comprise of six penthouses and a selection of studios, one, two and three bedroom apartments and are being offered via an expressions of interest campaign.
Commercial and Retail
Across the two towers will be 20 floors of commercial floor space, for either purchase or lease. With this exceptional project will be an additional two floors of retail space which will include a world-class restaurant and services to support the upper floors of the towers.
Tenants and purchasers will also greatly benefit from the concierge services, a significant on-site car park and outstanding end-of-trip-facilities.
Adam Harley of Savills Office Leasing said that the project offers a premium lifestyle within a commercial space.
“It is the collaboration of luxury residential, high-end commercial and exceptional retail space that will undoubtedly provide ultimate perfection.”
The Savills team appointed to market Three Two Two King William consists of:
Rino Carpinelli, Savills SA Managing Director, – Retail Leasing & Sales
Peter Isaksson, Savills SA Director Capital Transactions, – Commercial Office Sales
Adam Hartley, Savills SA Director Office Leasing, – Office Leasing
Steve Testar, Savills SA State Director Residential, – Residential Sales
Mr Carpineli said Savills was proud to be partnering with the Karidis Corporation on such an important new project for Adelaide.
“Three Two Two King William is a truly international-standard development that will set new benchmarks for premium high-end apartments, commercial office suites and restaurants, bars and retail outlets in Adelaide,” he said.

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