Property Listings – SA
THE PROPERTY DEVELOPMENT REVIEW
Significant Land Holding with Upside!
EOI closing on Thursday, 11 May 2023 at 4pm (ACST)
Leedwell is pleased to offer 28-58 Mumford Road, Waterloo Corner for sale; a strategically positioned, 274,300sqm parcel of land, with rezoning potential. Following the completion of major road network upgrades in the northern suburbs of Adelaide, including the Northern Expressway and Northern Connector, growth in development and economic opportunities is occurring in the surrounding regions. As a result, the City of Salisbury initiated a process to create a Strategic Growth Framework (SGF) within its boundaries including the Waterloo Corner and Bolivar precinct; in which the subject property is situated. Amongst other things, the intention of the SGF is to “take a 30-year perspective on development potential and forward planning, with a flexible framework that can support existing or short-term development interests”. Some key advantages of the site are listed below: - Large scale, en-globo parcel of land proving flexibility and staged development opportunity - Flat land parcel with two (2) street frontages
- Situated in SGF with potential to re-zone to Strategic Employment - Limited availability of vacant industrial land of this size in the market - Excellent accessibility due to close road and rail connections
All enquiries are to be directed to the exclusive agents:
Steve Smith +61 410 532 022 steve.smith@leedwell.com.au
Andrew Gerlach +61 410 312 116 andrew.gerlach@leedwell.com.au
RLA 222531
May / June 2023 – 101
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