HIGH PROFILE DEVELOPMENT SITE WITH VALUABLE HOLDING INCOME

437-441 Torrens Road, Woodville Park, South Australia 5011

Land For Sale

For Sale
Land Area: 1,950.00 m2.    Floor Area: 597.00 m2.    

Description

Colliers International is pleased to offer for sale 437-441 Torrens Road, Woodville Park.

The sites locational value and development potential is unquestionable and can be characterised as follows:
> Fantastic development site of 1,950sqm* over 3 individual titles.
> Highly exposed site with large frontage of approx. 37.5 metres to Torrens Road.
> Existing holding net income of approx. $55,800 from 3 long standing tenants.
> Valuable Mixed Use zoning within the City of Charles Sturt offering the ability to develop medium density residential, commercial and retail (STCC).
> Strategically positioned opposite Armada Arndale Shopping Centre comprising approx. 130 stores including Harris Scarfe, Big W, Woolworths, Coles and Greater Union Cinemas.

437-441 Torrens Road: SOLD BY OLIVER TOTANI.

*Approx.

Features

  • Large site of 1,950sqm* over 3 titles
  • Holding income from 3 tenants
  • Future development potential
  • Opposite Arndale Shopping Centre

Specifications

Council City of Charles Sturt

Transaction Details

21 Jun 2018
437-441 Torrens Road, WOODVILLE PARK SA 5011, AUSTRALIA

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