Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Building Area
Land Area
Last Updated Date 21 Jul 2020

Property Description

JLL is pleased to offer for sale by public auction 23-27 Walsh Street, Thebarton - a development ready site situated in close proximity to the Adelaide central business district.

 

Located just a few kilometres from the center of the Adelaide CBD, 23-27 Walsh Street is perfectly positioned just off Port Road, in close proximity to the Free City Tram stop, walking distance to the Royal Adelaide Hospital, River Torrens, western parklands and the Entertainment Centre.

 

23-37 Walsh Street has been approved for development of an 8 story building of 84 apartments, ground floor retail space and 78 car spaces. The proposed building is of a striking design, with an open-air central atrium that really sets this project apart from other apartment buildings in Adelaide.

 

This is an exciting opportunity to acquire a development-approved site so close to the city of Adelaide, with all the hard work and expense of obtaining Development Approval already completed.


We anticipate strong demand from residential and mixed-use developers whom recognise the value of the location and existing Development Approval, and we strongly recommend this property for your serious consideration.


The property is offered for sale by public auction onsite Thursday 20th August 2020 at 11am (ASCT).


The Vendor Statement relating to matters affecting the land may be inspected during business hours at the offices of JLL for three (3) business days prior to the auction and will be on display at the auction venue for at least 30 minutes prior to the auction.


For more information or to arrange an inspection please contact exclusive selling agent JLL.

 

*Approx

JLL RLA 1842

Investment Highlights


  • Development ready site of 2,091 sqm* over three Certificates of Title
  • Current approval for an 8 story residential apartment building
  • Close proximity to parklands, city, RAH and tram-line
  • Zoned Urban Corridor - City of West Torrens
  • Under instruction from the mortgagee
Jed Harley
Jed Harley
Director, Sales & Investments – SA
Roger Klem
Head of Sales & Investments - SA

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