FOR SALE - ADELAIDE'S BEST DEVELOPMENT OPPORTUNITY

North Adelaide. 12 Assets. 1 Iconic Location. Endless Possibilites.
PLAY VIDEO
A rare 1.9 hectare development opportunity in prestigious north Adelaide.

McGees Property are proud to present for sale in North Adelaide, a 1.9ha City Living zoned site, offered in 12 flexible parcels, positioned in the epicentre of one of Adelaide’s most prestigious residential precincts. With extensive frontages to Jeffcott Street, Ward Street, Archer Street and Wellington Square, the possibilities are endless.

This is a once in a generation opportunity to acquire a landmark holding with significant mixed use and future development potential. The site has been associated with education uses since 1854 and the early days of South Australia.

The Jeffcott/Archer/Ward/Wellington Square site is 1.9ha, zoned “City Living – medium to high density mixed use residential” and consists of 16 individual titles with the ability to be purchased as up to twelve separate parcels.

Overlooking the Adelaide CBD, this iconic site is within walking distance to all major landmarks including Adelaide Oval, the River Torrens, Adelaide Festival Theatre, Adelaide Convention Centre, North Adelaide Golf Club, The Royal Adelaide Hospital and the Adelaide Railway Station.

The current Median sale price for North Adelaide is $1.4M. Boasting beautiful tree-lined streets, boutique cafes and historic, Victorian style homes, North Adelaide is one of SA’s most prestigious suburbs.

The forecasted population growth rate for the City of Adelaide is approximately 1.4% per annum, with the population forecast to increase by 10,580 persons (41.52% growth) by 2046.

Hover over a section above for more info

This rare opportunity to acquire any one or more of 12 parcels is being exclusively offered via an expression of interest (EOI) campaign closing Wednesday, 15th May 2024 2.00PM Australian Central Standard Time (ACST)

Request Information Memorandum

Contact the exclusive selling agents for further information and to request an Information Memorandum.

This document is owned by McGees Property and is to be regarded as confidential to the party to whom it is addressed and is intended for the use of this party only.

McGees Property makes no representations or warranties regarding the accuracy, completeness, or reliability of the information within this document and by accessing and using this document, you agree that McGees (SA) Pty Ltd is not liable for any direct, indirect, special, or consequential loss or damages that may arise from your use of the information contained herein. Any interested parties should conduct their own research and verification to ensure the accuracy of the information.

This document is protected by copyright laws, and any unauthorised reproduction, distribution, or use without the express written consent of McGees (SA) Pty Ltd is strictly prohibited. 2024. All rights reserved. © McGees (SA) Pty Ltd.

RLA 1722