As we reach the midpoint of the year, we look at DevelopmentReady's most viewed development listings of the quarter.
In no particular order, we are excited to present our 10 most popular listings:
22-28 Grosvenor Street, South Yarra, VIC 3141 - Stonebridge Property Group
This development brought to us by Stonebridge's Julian White, Chao Zhang and Andrew Milligan was a rare luxury permit-approved home site in one of Melbourne's most prestigious locations. Designed by renowned architect firm, ADDARC, the property is permit approved for three luxury homes with proximity to world-class lifestyle and retail amenities.
21 Broadbeach Boulevard, Broadbeach, QLD 4218 - Kollosche Commercial
One of the best development sites we've seen from Broadbeach is this DA Approved residential development site marketed by Kollosche Commercial's Adam Grbcic and Tony Grbcic. Designed by prominent architect Contreras Earl, in collaboration with Plus Architecture, this site holds a unique beachfront location that also holds holding income for four existing residential units.
28-58 Mumford Road, Waterloo Corner, SA 5110 - Leedwell
Strategically positioned within the City of Salisbury's Strategic Growth Framework, this mammoth 274,300sqm land parcel marketed by Leedwell's Andrew Gerlach and Steve Smith was one our most popular from South Australia in Q2. For future thinking developers, this site is the perfect canvass to make their mark on Adelaide.
16 Anthea Street, Hazelmere, WA 6055 - Knight Frank
Brought to market by Knight Frank's Tony Delich and Zach Schreier, this development site sat on a large 11,874 sqm landholding and was zoned R5/20, which granted prospective developers the ability to develop up to 26 residential lots, which proved to be a popular point for our Western Australia developers.
286-292 West Street, Umina Beach, NSW 2257 - LJ Hooker
This development site from LJ Hooker's Jason Fardoulis is the first time it has been offered in over 35 years. The property boasts seven retail ground-floor shops and four commercial office suites on the first floor, making it an iconic landmark location with great potential for long-term capital and income growth. With a combined holding income of over $602,000, this site allows prospective developers to sit back and plan their development while reaping the benefits of its strong income.
Marketed by CBRE's David Minty, Jing Jun Heng and Nathan Mufale, our second development site from Victoria, this site came with a planning permit approval for eight townhouses in the fringe suburb of North Melbourne. The site is development ready, with a full suite of consultant’s documentation available, and sits in an area with a strong median house value of $1.3 million according to the REIV.
Enjoying two street frontages and zoned for development up to five storeys, this development site from JLL's Claudia Brace and Simon Hilmgard is a not-to-be-missed opportunity for a value add investor or developer. Zoned Urban Corridor, the site boasts significant redevelopment potential and opportunity for medium and high-density development while also enjoying significant holding income from three tenants.
This heritage-listed freehold vacant Brisbane CBD building brought to market by Savills' Daniel Pepper and Gregory Woods was rather popular with Queensland developers. With five levels and 772 sqm of GFA, the building has a breadth of development potential from New York style loft apartments to premium offices that hold views to the Brisbane River, it is no surprise that this site was one of our most enquired.
Henry Lawson Centre 61-79 Henry Street, Penrith, NSW 2750 - Colliers
Marketed by Colliers' Frank Oliveri and Jordan McConnell, this site is one of the most exciting and scalable development opportunities we've seen out of Greater Western Sydney. This substantial 16,160 sqm corner allotment sits within B3 Commercial Core Zoning, with the added benefit of allowing residential, which proved to be popular with New South Wales developers.
Como Central - Leonara & Cassey Street, Como, WA 6152 - The Agency
A truly unique development, brought to us by The Agency's Luka Marinovich, that saw the opportunity to secure 18 individual properties bordering Canning Highway Como, Cassey Street Como and Kwinana Freeway Como. The combined land holdings known as “Como Central” offers an overall site of 4791m2 and is the largest M15 Zoned land holding ever to be offered east of Canning Bridge. Not only was this one of our most popular from Western Australia, but from around the country.
Q2 had some incredible listings, with a range of opportunities suitable for all developers, big and small. If you want to keep up-to-date with the latest listings across Residential, Commercial, Child/Healthcare, Industrial, Agriculture/Rural and Mixed Use asset classes, be sure to subscribe.
