341-359 Port Road , HINDMARSH SA 5007
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- 11 Nov 2016
High profile redevelopment site of 8,927sqm
The recent closure of South Australian manufacturing icon, Industrial Springs, unlocks arguably one of the highest profile commercial development sites in the Adelaide metropolitan area.
Founded in 1935 by the Marsh family the three person operation became an industry leader in the manufacturing and tempering of industrial springs employing 140 employees at the peak of its operations. The closure of the 81 year business coincides with the construction of the Torrens to Torrens widening of South Road and construction of a major underpass at the intersection with Port Road creating a unique opportunity for astute developers and owner occupiers to be part of the exciting redevelopment of the site.
JLL is therefore pleased to offer to the market 341-359 Port Road, Hindmarsh, a substantial and prime inner metropolitan development site of approximately 9,000 square metres located on one of the most strategic intersections in Adelaide.
Purchasers are encouraged to give consideration to acquiring this exciting and unique opportunity offered for sale in one line for the first time in 81 years. Clearly a once in a lifetime opportunity.
Any redevelopment of the site will, of course, be subject to the normal statutory approval process and the conditions associated with such approval.
We envisage that interest in the site may come from parties considering;
• Petrol station and convenience stores
• Retail outlets including bulky goods and supermarket
• Medical and or other health related and allied health and medical centres
• Child care centre
• Place of worship or some form of community centre
• Manufacturing, warehousing, storage
We look forward to assisting you with your enquiries in relation to the property, undertaking an inspection of the existing single level improvements and potentially lodging an expression of interest to acquire the property.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
341-359 Port Road HINDMARSH