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Under Contract

61a David Terrace, WOODVILLE PARK, SA 5011

Development Potential
DETAILS
Development Site with Income

Knight Frank is delighted to present 61a David Terrace, Woodville Park to the market for sale by Expressions of Interest. A prominent, strategically located metropolitan development site benefited by valuable holding income.

Key investment features include:

- Located 7 km* from the north west of the Adelaide CBD

- Highly exposed, dual access site of approximately 1,820 sqm*

- Leased to Gardenia Home Garden Décor Pty Ltd until 31 May 2028 with redevelopment clause

- Estimated gross current income of $39,370 plus GST per annum

- Suburban Business zoning allowing for multiple development outcomes including: shop, office, service trade and light industry

- Boasting connectivity from major arterials including, Port and Torrens roads providing retail, medical and fast food amenity.

For further information on this opportunity, feel free to contact the exclusive selling agents.

*Approx.

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

DEVELOPMENT SITE SUMMARY
EOI:
EOI:
Closing Thursday, 19 August 2021 at 4pm.
Property Area
AREA:
1820 m² (*approx)
Property Type
TYPE:
Commercial, Industrial, Office, Other, Retail / Shopping Centre, Office, Other, Retail / Shopping Centre
Development Potential
DEVELOPMENT APPROVAL:
Allowing for multiple development outcomes including: shop, office, service trade and light industry (STCA)

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61a David Terrace, WOODVILLE PARK, SA 5011

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