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589-599 Torrens Road, St Clair SA 5011

For Sale

Land 7.34 acres 15011 m²

Listed: 55 days ago

Updated: 17 hours ago

Overview

This substantial landholding, comprising approximately 29,707 sqm of Housing Diversity Neighbourhood zoned land, offers a rare residential infill development opportunity in the thriving master-planned St Clair community. The site benefits from extensive frontage to Torrens Road, enhancing its potential for both residential and commercial development.

Existing industrial buildings covering about 15,011 sqm include offices, warehouses, and factory spaces, which can provide interim holding income while development planning and approvals are underway. This flexibility is attractive to investors and developers looking to optimize returns during the transitional phase.

The flexible HDN zoning encourages medium-density residential projects, aligning well with contemporary urban growth trends and housing needs.
Situated within a mature corridor that has already delivered over 1,200 new dwellings, the site represents one of the final opportunities to contribute to the successful St Clair development story.
Vacant possession simplifies acquisition and development processes, adding to the site's appeal.
The Torrens Road frontage creates the prospect for integrated commercial ventures, subject to council approval, enhancing mixed-use possibilities.

This opportunity is well-positioned for developers focusing on medium-density residential projects and those seeking to blend commercial elements within a vibrant, master-planned precinct. The combination of scale, location, and zoning flexibility offers a compelling foundation for strategic urban development.

Local Market Insights

In Adelaide - West, Quiet Listings observed 14 new parcels of land entering the market over the last 30 days, up from 5 during the previous 30-day period, with an average advertised asking price of $861,286. The property type mix of listed properties is predominantly Houses at 66%, followed by units (12%), and land (8%). The most active agency for land in the Adelaide - West area is currently Ray White, representing 50% of new listings, followed by Belle Property with 14%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

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.