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1023 South Road, Melrose Park SA 5039, Australia

Development Potential
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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.

For more information please contact the selling agents.

*Approximate

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

DEVELOPMENT SITE SUMMARY
For Sale:
TITLE:
Contact Agent
Property Area
AREA:
0.56 hectares (*approx)
Property Type
TYPE:
Commercial, Industrial, Office, Office
Development Potential
DEVELOPMENT APPROVAL:
Favourable zoning allowing a broad range of retail, commercial and industrial development (STCA)

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1023 South Road, Melrose Park SA 5039, Australia

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