Top 5 Development Sites Currently For Sale

DevelopmentReady.com.au are showcasing the top 5 most intriguing Development sites that are currently up for sale across Australia. 

Featuring the most highly sought-after residential, retail, commercial and mixed-use development sites in well-established locations, check out the latest sites that are now trending nationally. Whether you’re looking to buy, sell or research the market, our top 5 chosen sites will definitely catch your eye.

NSW: Vaucluse Residential Development Site

8 Hillside Avenue, Vaucluse, 2030

Type: Residential 

A luxurious residential development site is currently being offered to the market in one of Sydneys most prestigious suburbs. 8 Hillside Avenue presents an opportunity to purchase 2,586sqm* of prime Vaucluse land. Featuring 360 degrees views of the Sydney Harbour bridge back to Bondi Beach, the development site has approved construction of four (4) luxury houses. 

CBRE Sydney are managing the campaign, as expressions of interest close on Wednesday June 2nd, 2021 at 4pm (AEST)

VIC: Multi-let South Yarra Corner Freehold

169-175 Toorak Road, South Yarra, 3141

Type: Commercial / Retail  

Filled with rich South Yarra heritage, 169-175 Toorak Road offers a multi-let corner commercial site with the potential to develop (STCA). Containing four (4) fully leased future proof retail shops with flexible landlord redevelopment break options, the property has a landholding 613sqm* with a 20m* frontage to Toorak Road and 30m* frontage to Yarra Street. Located metres from South Yarra Station, the highly popular area receives much foot-traffic each day and will continue to gain population growth as a result of the on-going projects in the area. 

Emmetts Real Estate are the listing agents for the site, which will be sold via public auction on Friday 28th May, 2021. 

QLD: Mixed-Use Surfers Paradise Development Opportunity  

61-65 Peninsular Drive, Surfers Paradise, 4217

Type: Commercial / Residential / Mixed-Use

Placed on some 4,999sqm* of prime Surfers Paradise land presents a unique commercial, residential or mixed-use development site. Placed within the Surfers Paradise local area plan (Centre zone), the site has no height restrictions, paving way for the potential of two (2) tall office or hotel/accommodation towers. Currently, the site is home to an undercover car park featuring 188 car spaces. Placed in Surfers Paradise, the potential development site finds itself near the beach, cafes, shops, restaurants and the Gold Coast light rail.  

Canford Estate Agents are handling the campaign with the site up for sale via expressions of interest, closing Thursday May 20th, 2021 at 4pm (AEST)

SA: “South Australia’s Best Development Opportunity"

10 Anzac Highway, Forestville, 5035

Type: Mixed-Use 

An exciting development opportunity that sits approximately 4km from Adelaide’s CBD has been placed on the market. 10 Anzac Highway features of a substantial 3.6ha* area site, which is exposed to roughly 49,000 vehicles per day. Labeled as mixed-use, the development opportunity has the potential for 8 levels (STCA) due to its favourable zoning. 

JLL (Adelaide) are selling the property, which has been offered for sale by expression of interest, closing Tuesday 25th May, 2021 (ACST)

WA: Riverside Residential Development

36-38 Riversdale Road, Rivervale, 6103

Type: Residential / Mixed-Use

Positioned on the riverfront, this residential / mixed-use north facing development site sits on 3,096sqm* of land, and has the potential to construct approximately 50-75 apartments (up to 12 storeys high - all STCA). The site is 4km away from the Perth CBD and lies within walking distance to Optus Stadium and Crown Casino. 

The campaign is managed by Colliers (Perth), which is for sale by offers to purchase closing 11th June, 2021 at 4pm (AWST)   

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Each week the top 5 sites from a different asset class will be chosen