Issue 50 | The Property Development Review

THE PROPERTY DEVELOPMENT REVIEW

Boundary Indicative

For sale 1 Hugh Cairns Drive, Bedford Park SA For sale by Expressions of Interest Closing Wednesday 10 April 2024 at 4.00pm (ACST) Value add opportunity with income

– Modern campus style office of 5,874sqm* and standalone 60 place childcare centre of 350sqm* – Fully leased to ASX-listed Westpac with a net income of $1.95m* until October 2025 including a sub-lease to Goodstart Early Learning – Expansive 28,500sqm* site area with 409 on site car parks* – Strategic Innovation zone allowing development up to 10 levels (STA) providing significant repositioning or redevelopment potential (STA)

*(Approx.)

Ben Parkinson 0407 710 389

Jack OʼLeary 0430 963 960

Jamie Guerra 0418 849 780

Andrew Zammit 0417 814 398

RLA1842

RLA222531

property.jll.com.au

April / May 2024 – 115

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