Prime development site within four kilometres of Adelaide CBD

A large freehold development site less than four kilometres from Adelaide CBD is being offered for sale through JLL South Australia.

The 2,643sqm site occupies a prime corner position in the affluent suburb of Medindie. Boasting an extensive frontage of over 65m to the inbound side of Main North Road, giving it high exposure to passing traffic (up to 50,000 vehicles passing daily). The site enjoys secondary frontage to Tennyson Street of over 46m.

Formerly utilised as a car dealership with sealed display yard, showroom/office and car parking, 33-35 Main North Road is offered with vacant possession.

Zoned Suburban Business with a maximum height limit of three stories, potential development outcomes include office, consulting room, retail or residential apartments (subject to approvals).

The sale is being conducted by JLL Sales and Investments – South Australia with executives Claudia Brace and Simon Hilmgard.

“This is a brilliant buyer opportunity in a prime location,” said Ms Brace. “The high profile site is located in an affluent suburb, ready to capitalise on the strong local demand and development activity with a number of proposed mixed use projects along this stretch of Main North Road”.

Simon Hilmgard said, “The property includes multiple titles and has dual crossovers to Main North Road providing easy access to the site. With a shortage of housing supply and record low residential vacancy, the site will appeal to both commercial and residential developers.”

Expression of Interest close Wednesday 7 June 2023 at 4pm (ACST).