Exceptional Development Opportunity in High Growth Precinct

6 Redbanks Road, Willaston SA 5118

Please contact agent

Commercial LandSize: n/a

Block size: 2465 m² approx.

Positioned in the heart of Willaston's main commercial and retail precinct, 6 Redbanks Road represents an exceptional development opportunity to secure a high profile site of 2,470sqm* with significant frontage of 47.73 metres* to Redbanks Road at the junction of Main North Road and Redbanks Road. Holding income is provided through 4 securely leased residential units that have a long history of continuous occupancy, with the option to continue to lease them upon expiry of the current leases in 2024 or obtain vacant possession upon lease expiry in order to capitalise on the site's rarity and underlying redevelopment potential and commercial demand.

Sited within one of northern Adelaide's most rapidly growing regions, the property represents an exceptional opportunity to acquire a highly exposed, gateway site with holding income that will appeal to owner occupiers and developers for wide ranging uses.

Located approximately 40 kilometres north east from the Adelaide CBD in the Town of Gawler, Willaston and its surrounds continue to grow and develop as a service centre for the northern metropolitan region servicing a regional catchment which is currently estimated at 110,000 people.

For further information please don't hesitate to contact the Colliers Team.

*approximately

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Key details

Property type:

Commercial Land

Block Size:

2465 m²^*

Other Details

Plan Type:

Plan:

154550

Parcel Type:

Parcel:

Legal description:

F/154550/A/49

Justin Hazell
Colliers International Adelaide
Rhys Newman
Colliers International Adelaide

Maps and area information

Block information

Block size: 2465m² (approx)

Legal description: F/154550/A/49

Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.

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