61a David Terrace,
Woodville Park, SA 5011

Development Sites & Land • Showrooms & Large Format Retail • Other

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CBRE - South Australia (RLA 208125)

Level 20/83 Pirie Street
ADELAIDE, SA 5000

61a David Terrace

Woodville Park, SA 5011

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PLANTING THE SEED FOR DEVELOPMENT

1820sqm* of well-placed land
Suburban Business Zoning
Net annual return of $28,692.49*

The CBRE Metropolitan Investments Team are proud to be presenting a phenomenal development opportunity in the state’s inner western suburbs. With a tenant pre-committed to its further term until 2028, there is an opportunity for a developer or savvy investor to land bank the site with a solid investment income underpinning the site.
The key highlights of this quality site include:
- 1820sqm* of well-placed land
- Suburban Business zoning making it easy for developers
- Leased to Elias Green Garden Centre & Aquarium
- Net annual return of $37,747*
- Vendor-biased development clause giving site access in 6-months
- 4% fixed annual reviews

Please contact the sole marketing agents with any other questions:
Ned Looker: +61 448 689 5...
Rhyce Scott: +61 422 960 5...

For Sale via Expressions of Interest closing Thursday the 26th of May 2022

*Approximately

Property ID: 504060947Last Updated: 9 Jan 2023

CBRE - South Australia (RLA 208125)

Level 20/83 Pirie Street
ADELAIDE, SA 5000