Prime Mixed-Use Development Site

227 Prospect Road, Prospect, South Australia 5082

Land For Sale

Expressions of Interest. EOI Date 12 Sep 2019
Land Area: 1,262.00 m2.    Floor Area: 1,262.00 m2.    

Description

Colliers International are excited to present the opportunity to purchase 227 Prospect Road, Prospect.

With unrivalled growth and popularity in the Prospect Road precinct, there has been no better time to invest in, what is fast becoming one of metropolitan Adelaide’s most desirable and visited high street destinations.

- Prime and unrepeatable inner metropolitan corner site of approximately 1,262 square metres*.
- Valuable Urban Corridor (Transit Living) zoning envisaging development with a minimum of three (3) storeys and a maximum of four (4) storeys (STCC).
- Highly exposed site benefiting from expansive dual frontages to both Prospect Road and Regency Road.
- A short distance to the cosmopolitan heartbeat of Prospect Road anchored by the brand new $20 million art deco Palace Nova Cinemas and a thriving mix of residential, commercial and retail business supported by restaurant/cafe trade.
- Huge redevelopment potential with DA approval in place for four (4) storey residential development comprising 24 apartments with associated ground floor car parking.

Colliers International is exclusively appointed to offer for sale 227 Prospect Road, Prospect by way of Expressions of Interest closing Thursday the 12 September 2019 at 4.00pm (ACST).

For more information please contact:

Tom Isaksson | 0422 154 570 | tom.isaksson@colliers.com
Justin Hazell | 0414 232 022 | justin.hazell@colliers.com

Features

  • DA approved: 24 apartments over 4 levels
  • High profile corner site of 1,262 sqm*
  • Valuable Urban Corridor Zoning

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