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 Adelaideââ¬â¢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:
ââ¬Â¢ Outstanding development site of 1,943sqm* across two Titles
ââ¬Â¢ Located adjacent Arndale Central Shopping Centre
ââ¬Â¢ Over 60* metres of frontage to Regency Road
ââ¬Â¢ High exposure with an estimated 36,400 vehicles passing daily**
ââ¬Â¢ Flexible ââ¬ÅDistrict Centreââ¬Â zoning allowing for a variety of uses (stnc)
*Approx. **DPTI
AUCTION 12.30pm Friday 1 August 2014, onsite
JLL RLA1842
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:
ââ¬Â¢ Outstanding development site of 1,943sqm* across two Titles
ââ¬Â¢ Located adjacent Arndale Central Shopping Centre
ââ¬Â¢ Over 60* metres of frontage to Regency Road
ââ¬Â¢ High exposure with an estimated 36,400 vehicles passing daily**
ââ¬Â¢ Flexible ââ¬ÅDistrict Centreââ¬Â zoning allowing for a variety of uses (stnc)
*Approx. **DPTI
AUCTION 12.30pm Friday 1 August 2014, onsite
JLL RLA1842