Greenhill Road development site
SOLD
138-139 Greenhill Road
Unley SA 5061
Development
FOR SALE
JLL and Mathesons ââ¬â The Property People, are pleased to offer for sale the properties located at 138-139 Greenhill Road, Unley.
The properties are located in the tightly held Adelaide Fringe precinct, less than one kilometre from the Adelaide Central Business District.
Sited over two titles, the properties collectively comprise a regular site of approximately 1,210 square metres. Two standalone villas are located onsite, one leased and producing a holding income with the opportunity to generate further income through leasing the vacant building.
The Adelaide Fringe has recently undergone significant planning amendments, which allow for far greater site density through the increase in height limits and removal of maximum building sizes. These amendments have been a catalyst for an increase in activity in the precinct from investors and developers.
This is an exciting opportunity to acquire an extremely well located site positioned for future growth; we highlight the key investment considerations as follows:
ââ¬Â¢ 1,210 (approx) square metre site across two titles
ââ¬Â¢ Side and rear access via Unley Road and Park Lane
ââ¬Â¢ Holding income and development flexibility
ââ¬Â¢ Zoning allows for development up to 7 storeys (stnc)
AUCTION 12noon Monday 27 October 2014 onsite
In conjunction with Mathesons - The Property People
Sam Matheson
0419 975 446
RLA122345
JLL RLA1842
The properties are located in the tightly held Adelaide Fringe precinct, less than one kilometre from the Adelaide Central Business District.
Sited over two titles, the properties collectively comprise a regular site of approximately 1,210 square metres. Two standalone villas are located onsite, one leased and producing a holding income with the opportunity to generate further income through leasing the vacant building.
The Adelaide Fringe has recently undergone significant planning amendments, which allow for far greater site density through the increase in height limits and removal of maximum building sizes. These amendments have been a catalyst for an increase in activity in the precinct from investors and developers.
This is an exciting opportunity to acquire an extremely well located site positioned for future growth; we highlight the key investment considerations as follows:
ââ¬Â¢ 1,210 (approx) square metre site across two titles
ââ¬Â¢ Side and rear access via Unley Road and Park Lane
ââ¬Â¢ Holding income and development flexibility
ââ¬Â¢ Zoning allows for development up to 7 storeys (stnc)
AUCTION 12noon Monday 27 October 2014 onsite
In conjunction with Mathesons - The Property People
Sam Matheson
0419 975 446
RLA122345
JLL RLA1842