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Sold on 18 Jun 2021

344 Findon Road Kidman Park SA 5025

  • Factory, Warehouse & Industrial
  • 12,734 m²
  • Sold

PRIME MIXED-USE DEVELOPMENT SITE

  • Site area 26,400sqm* (2.64 ha)
  • Extensive frontage of to Findon Road
  • Recently rezoned to mixed-use

Colliers are delighted to be entrusted as the sole and exclusive agency for the freehold sale of 344 Findon Road, Kidman Park.

Value add opportunities of this size and in this location rarely come to the market.

344 Findon Road offers buyers the opportunity to undertake a mixed-use redevelopment of the site for medium to high-density residential development such as townhouses or apartments, retirement living, aged care and commercial, or indeed a mixture of all uses, with the propertys zoning supportive of intensive development.

Located in Adelaides highly desirable inner west, approximately 6.5 kilometres west of the Adelaide CBD, the site benefits from its versatile mixed-use zoning, extensive frontage to Findon Road, proximity to Adelaides CBD, metropolitan beaches and diverse retail and lifestyle offerings. The suburbs popularity is demonstrated by its median house price of $590,000 (as at 2nd November 2020) and the outstanding success of medium density residential projects currently being developed throughout the area.

The improvements of 12,734 square metres* provide a mix of warehouse accommodation and offer valuable holding income with estimated imputed fully leased income potential of over $620,000 per annum (net).

The site is situated approximately 400 metres from Findon Shopping Centre which offers a huge array of supermarkets, speciality retail, medical, café/restaurant, banking, professional and community services, with the iconic River Torrens Linear Park located only 700 metres to the south. Public transport is readily available in close proximity on both Grange Road and Findon Road.

The site comprises a regular shaped allotment of some 26,400 square metres* with an approximate 100 metre* frontage to Findon Road on the sites eastern boundary. The propertys site area and configuration combine to enable a myriad of future development scenarios, supported by its valuable mixed-use zoning.

If you would like more information or to arrange an inspection please contact one of the listed agents.

*Approximately

Paul Tierney
Colliers International Adelaide
Paul Tierney
Colliers International Adelaide
Justin Hazell
Colliers International Adelaide
Justin Hazell
Colliers International Adelaide
Alistair Mackie
Colliers International Adelaide
Alistair Mackie
Colliers International Adelaide

Property Highlights

Property ID2016341610
Date Sold18 Jun 2021
Floor Area12,734 m²
Land Area2.64 ha
ParkingAsk Agent
Category
Last updated  18 Jun 2021
Map for 344 Findon Road Kidman Park SA 5025
Map for 344 Findon Road Kidman Park SA 5025344 Findon Road Kidman Park SA 5025
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

Find out your loan options

Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

Paul Tierney
Colliers International Adelaide
Paul Tierney
Colliers International Adelaide
Justin Hazell
Colliers International Adelaide
Justin Hazell
Colliers International Adelaide
Alistair Mackie
Colliers International Adelaide
Alistair Mackie
Colliers International Adelaide

Property Highlights

Property ID2016341610
Date Sold18 Jun 2021
Floor Area12,734 m²
Land Area2.64 ha
ParkingAsk Agent
Category
Last updated  18 Jun 2021
Colliers International Adelaide
Level 9, 121 King William Street Adelaide SA 5000
Paul Tierney
Colliers International Adelaide
Paul Tierney
Colliers International Adelaide
Justin Hazell
Colliers International Adelaide
Justin Hazell
Colliers International Adelaide
Alistair Mackie
Colliers International Adelaide
Alistair Mackie
Colliers International Adelaide

Ask Paul Tierney about this property

Paul Tierney

Paul Tierney

Colliers International Adelaide

Justin Hazell

Justin Hazell

Colliers International Adelaide

Alistair Mackie

Alistair Mackie

Colliers International Adelaide

+61 *** ***
+61 401 145 028

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