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SOLD

116 Rose Terrace, Wayville, SA, 5034

Properties / Sold / South Australia / Wayville

Development Potential

1. Property Summary

Property Type

Mixed Use

Land Area

868 m² (*approx)

Selling Method

SOLD: SOLD

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2. Property Highlights

BOUTIQUE FRINGE DEVELOPMENT SITE

SOLD

Valuable Urban Corridor Zoning
Bituminised allowing for holding income
Development Upside; 7 storey's or 25.5 m

Colliers International is pleased to present the opportunity to purchase 116 Rose Terrace, Wayville, an outstanding mixed-use development site within the tightly held Adelaide City Fringe precinct.

Key features of this site include:

• Regular shaped 868 sqm* site with a frontage to Rose Terrace of approximately 17m*
• Zoned Urban Corridor, Boulevard (Greenhill Road) Policy Area 19, within the City of Unley.
• Potential development upside to 7 storeys (STNC)
• Sealed and line marked for approximately 38 car parks, providing the opportunity to generate holding income.
• Ideally situated on Rose Terrace less than 3km* south of the Adelaide GPO and directly opposite the Royal Adelaide Showgrounds.

Opportunities to purchase along the City Fringe precinct are few and far between and as such Colliers International strongly encourages your most genuine consideration.

116 Rose Terrace, Wayville is offered for sale by Expressions of Interest closing Thursday 23 July 2020 at 4pm (ACST).
To arrange an inspection or for more information please contact Colliers International as the exclusive selling agents:

Alistair Mackie +61 412 817 977
Jordan Schmidt +61 403 422 762
Tom Isaksson +61 422 154 570

*approx.

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