210 Main Road, Blackwood
A rare substantial site in one of Adelaide’s most desirable suburbs has hit the market, boasting both commercial and residential zoning and primed for its next chapter.
McGees Property Adelaide is offering for sale 210 Main Road, Blackwood, via Expressions of Interest closing on the Thursday, 12 December, on behalf of private investors who have owned the property since 2003.
The property spans 5,237sqm and is strategically positioned in the heart of Blackwood, in the foothills of Adelaide, and offers excellent visibility and accessibility with three street frontages and a location adjacent to both Coles and Aldi supermarkets.
Originally home to squash courts, the site has since been converted to a gym and wellness centre with 2,654sqm of building. It is being offered with vacant possession.
“This exceptional property boasts both commercial and residential zoning, and presents a unique opportunity for developers and investors to acquire a versatile asset in one of Adelaide’s most desirable suburbs,” said Craig Feely, Partner at McGees Property Adelaide.
“Ready for its next chapter, this offers immense potential for developers looking to create a landmark development in this thriving hills community.
“We’re also expecting interest from investors and value-add buyers who see value in its ongoing use as a gym and wellness centre. Medical use is also an attractive option at the site, with the chance to deliver a genuine fitness and wellness hub to the community.”
James Juers, Partner at McGees Property Adelaide said, “This development site is a rare find in the Blackwood area.”
“We’re anticipating strong interest from a wide range of buyers, from local through to national developers, investors, and value-add buyers. It’s incredibly rare for a site of this size and nature to come up for sale in Blackwood,” he said.
“The zoning allows for mixed-use and residential development, including an option to build another two storeys of apartments above the existing building.
“Blackwood is a hugely desirable suburb, offering a picturesque lifestyle with easy access to the city by public transport, and within timely travel distance to the beaches. These attractions mean there is ongoing demand for residential product, which would most likely be well received by the market.”
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