• Property Details
  • Agent
  • overview
  • Map
Commercial, Industrial
1023 South Road, Melrose Park SA 5039, Australia

Property details

  • Property ID:
    19891
  • EOI:
    Closing 4pm Thursday 5th December 2019
  • Area:
    0.56 hectares (*approx)
  • Type:

    Commercial: Office / Retail

    Industrial:

  • Development Potential:
    Favourable zoning allowing a broad range of retail, commercial and industrial development (STCA)
Agency information

Overview

BUILD YOUR NEXT PROJECT HERE

JLL is pleased to offer for sale 1023 South Road, Melrose Park – a prominent corner property on a major arterial roadway just 8* kilometres from the Adelaide CBD.

Occupying a corner-to-corner position, the 5,567* square metre site boasts frontage to South Road of over 73 metres, with further frontages to Rozelle Street and Corunna Avenue. The property enjoys significant exposure with an estimated 50,000 vehicles passing daily (Source: DPTI).

The strength of the location is evident in the number of major national retail and bulky goods brands that have chosen to locate at Melrose Park and Edwardstown, including the largest Bunnings Warehouse in SA, JB Hifi, Amart Furniture, Supercheap, Baby Bunting, Coles, Target and Foodland.

We strongly endorse this opportunity and highlight the key property features for your consideration:

  • Large corner site of approximately 5,567 sqm* over 7 titles
  • Functional improvements generating net income of $255,000 per annum
  • Frontage to South Road of over 73 metres
  • Huge exposure with 50,000 vehicles passing daily (DPTI traffic volume estimates)
  • Favourable zoning allowing a broad range of retail, commercial and industrial development.

JLL is exclusively appointed to offer 1023 South Road, Melrose Park for sale by Expression of Interest, closing 4pm Thursday 5th December 2019.

For more information please contact the selling agents.

*Approximate

Remember to mention you found this property on DevelopmentReady.com.au

Property Map
OTHER PROPERTIES IN THE AREA
SOLD PROPERTIES IN THE AREA
Enquire Now