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Overview
Prime Development Site | Urban Activity Centre Zoning
Located in the vibrant heart of Modbury's activity centre, this exceptional land parcel offers approximately 690 square metres of prime real estate with a substantial frontage of about 19.8 metres. This site presents a unique and highly adaptable opportunity for investors, developers, and commercial operators aiming to leverage one of Adelaide's most strategically positioned growth areas.
The property is zoned as Urban Activity Centre, providing remarkable flexibility and promising future potential. It supports a variety of development possibilities including residential, commercial, or mixed-use projects, subject to obtaining the necessary consents. Whether your intention is to commence development immediately, hold the land for future prospects, or establish a commercial footprint in a high-visibility location, this offering warrants serious consideration.
Currently, the land is leased on a periodic tenancy basis, generating a weekly income of $400, which offers immediate holding revenue while you plan your next steps.
The location is outstanding, situated adjacent to well-established parklands and just a short distance from Tea Tree Plaza, the O-Bahn Interchange, reputable schools, medical centres, and major transport routes. This positioning ensures the property will benefit from ongoing investment and growth within Adelaide's north-eastern corridor.
Families will value the sought-after school zoning for Modbury High School, and commuters will appreciate the convenient access to the Adelaide CBD, approximately 12 kilometres away.
Key features include:
- Prime allotment size of approximately 690 square metres
- Wide frontage of approximately 19.8 metres
- Zoned Urban Activity Centre
- Exceptional development potential, subject to council consent
- Potential for mixed-use or commercial development, subject to council consent
- Periodic tenancy generating $400 per week
- Adjacent to established parklands
- Located within the Modbury High School zone
- Minutes from Tea Tree Plaza and major retail precincts
- Close proximity to the O-Bahn Interchange for easy city access
- Approximately 12 kilometres from the Adelaide CBD
- Outstanding opportunity for investors, developers, and commercial buyers
Opportunities of this scale, flexibility, and location are increasingly rare. Whether you are seeking a new development project, a strategic investment, or a site with long-term growth potential, this premium Modbury property is not to be missed.
Please note that all information has been sourced from reliable channels; however, accuracy cannot be guaranteed. Prospective buyers should conduct their own investigations and seek independent legal advice.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Modbury SA 5092
Market Insights for Modbury SA 5092
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