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Allotment 104 Portrush Road, Maylands, Allotments 203 & 204 Portrush Road, Norwood, SA 5067
Norwood
Under instructions from the Government of South Australia via Renewal SA, Colliers is delighted to offer the freehold sale of two substantial development opportunities positioned around the intersection of Magill and Portrush Roads.
Comprising 11,772sqm* of level topography across three Certificates of Title, the large vacant land holdings are offered as two separate parcels being:
• Lot 104: 5,204sqm*
• Lots 203 & 204: 6,568sqm*
Spanning three development zones within the City of Norwood, Payneham and St Peters, residential development outcomes are envisaged across all allotments with a mandatory requirement for affordable housing.
Positioned just 3.5km from Adelaide CBD the location is surrounded by well establish commercial, retail and residential uses in the affluent inner eastern suburbs of Norwood and Maylands. The location is within close proximity to major shopping precincts in The Avenues, Marden and Firle Shopping Centres.
A detailed data-room containing preliminary site investigation, mandatory development outcomes, EOI documents and draft contract, LMA, Encumbrance and Form 1 has been prepared and is available through written request to the exclusive Colliers sales agents.
The properties are offered for sale by Expressions of Interest (EOI) closing:
• Lot 104: Thursday 4th September 4pm (ACST)
• Lots 203 & 204: Thursday 18th September 4pm (ACST)
EOIs are to be submitted via the SA Tenders and Contracts Website (tenders.sa.gov.au)
For further information, to arrange a site inspection or to access the data-room, please contact the Colliers Sales Team.
Key Features Include:
• Expansive land holding of 11,772sqm* across two separate parcels
• Multiple street frontages
• Corner sites with level topography
• Medium density development opportunity
• Affluent inner easter suburbs
• Surrounded by well-established residential and retail precincts
*approximately
Indicative Outline only
Remember to mention you found this property on DevelopmentReady
Under instructions from the Government of South Australia via Renewal SA, Colliers is delighted to offer the freehold sale of two substantial development opportunities positioned around the intersection of Magill and Portrush Roads.
Comprising 11,772sqm* of level topography across three Certificates of Title, the large vacant land holdings are offered as two separate parcels being:
• Lot 104: 5,204sqm*
• Lots 203 & 204: 6,568sqm*
Spanning three development zones within the City of Norwood, Payneham and St Peters, residential development outcomes are envisaged across all allotments with a mandatory requirement for affordable housing.
Positioned just 3.5km from Adelaide CBD the location is surrounded by well establish commercial, retail and residential uses in the affluent inner eastern suburbs of Norwood and Maylands. The location is within close proximity to major shopping precincts in The Avenues, Marden and Firle Shopping Centres.
A detailed data-room containing preliminary site investigation, mandatory development outcomes, EOI documents and draft contract, LMA, Encumbrance and Form 1 has been prepared and is available through written request to the exclusive Colliers sales agents.
The properties are offered for sale by Expressions of Interest (EOI) closing:
• Lot 104: Thursday 4th September 4pm (ACST)
• Lots 203 & 204: Thursday 18th September 4pm (ACST)
EOIs are to be submitted via the SA Tenders and Contracts Website (tenders.sa.gov.au)
For further information, to arrange a site inspection or to access the data-room, please contact the Colliers Sales Team.
Key Features Include:
• Expansive land holding of 11,772sqm* across two separate parcels
• Multiple street frontages
• Corner sites with level topography
• Medium density development opportunity
• Affluent inner easter suburbs
• Surrounded by well-established residential and retail precincts
*approximately
Indicative Outline only
Remember to mention you found this property on DevelopmentReady
