Outstanding development opportunity

SOLD

3-Jul Regency Road

Kilkenny SA 5009

Development

FOR SALE

On behalf of the vendor, JLL is pleased to offer for sale a prominent development site located adjacent Arndale Central, a sub-regional shopping centre in Adelaide’s inner metropolis, 8* kilometres north-west of the Adelaide central business district.

The property comprises over 1,940sqm of land across two Titles, with extensive frontage to Regency Road. The existing improvements may be suitable for short term letting to generate a holding income. Alternatively a developer may consider retail, bulky goods, commercial or residential development. However we note all development remains subject to normal consents.

Key property highlights are summarised as follows:

• Outstanding development site of 1,943sqm* across two Titles
• Located adjacent Arndale Central Shopping Centre
• Over 60* metres of frontage to Regency Road
• High exposure with an estimated 36,400 vehicles passing daily**
• Flexible “District Centre” zoning allowing for a variety of uses (stnc)

*Approx. **DPTI

AUCTION 12.30pm Friday 1 August 2014, onsite

JLL RLA1842