Prime Development Opportunity in Adelaide’s High-Growth Salisbury Corridor

28 March 2025
parcel of land on 89-93 Kings Road, Salisbury Downs

Large landholding with income, favourable zoning, and access to major transport routes set to attract strong developer interest.

JLL has been exclusively appointed to market a prime parcel of land on 89-93 Kings Road, Salisbury Downs via an Expression of Interest campaign.

Situated approximately 35 minutes north of the Adelaide CBD, the property spans approximately 8,351sqm with a single dwelling currently generating monthly rental income.

JLL Senior Associate Claudia Brace said the offering presents an exceptional opportunity for developers to respond to ongoing residential demand across Adelaide.

“This is a significant landholding in a well-connected, high-growth precinct. With holding income already in place and strong fundamentals supporting future development, it is an ideal opportunity for those looking to enter or expand within the northern suburbs.,” Mrs Brace said.

Zoned General Neighbourhood within the City of Salisbury, the site supports a variety of residential development outcomes with a height limit of up to two levels, subject to council approval.

The property benefits from frontage to Kings Road and offers outstanding connectivity to major transport corridors, including Main North Road, Salisbury Highway, and Port Wakefield Road — linking future residents to key employment, education, and retail hubs. It is directly adjacent to an ALDI supermarket and only minutes from Hollywood Plaza.

Mrs Brace said the property’s location within the City of Salisbury places it at the heart of an area undergoing major revitalisation.

“A $200 million transformation of the Salisbury town centre is currently underway, bringing with it new residential, commercial and entertainment precincts. Salisbury’s population growth is outpacing that of Greater Adelaide, driven by an influx of young professionals and families seeking amenity,” she said.

“South Australia continues to experience unprecedented residential growth and historically tight vacancy rates. This site offers developers the ability to deliver much-needed housing in a location that is both strategic and accessible. Salisbury Downs is proving increasingly popular with a wide demographic, from first-home buyers to investors.

For sale by Expression of Interest closing Thursday 1 May at 4pm (ACST).