The West Torrens Council has listed its former depot location for sale, representing an opportunity for developers to acquire an inner-west commercial development site.
The 8,306sqm property at 108-120 Marion Road, Brooklyn Park, benefits from 95m of roadside frontage and dual access from Marion Road and Edwin Street.
The site consists of multiple titles, all varying sizes, but is predominately Commercially zoned, with only 718sqm Residentially zoned.
Sitting within the City of West Torrens, Brooklyn Park is mainly residential and its estimated population of 4,781 residents is expected to increase with flexible planning provisions.
CBRE’s Rhyce Scott, Harry Einarson and Mitch Curnow have been appointment to market the development site, which is only 3.5km from Adelaide CBD and a short 1km drive to the airport.
Mr Scott noted; “Development opportunities of this scale, within a few kilometres of the CBD, are hard to come by, which is why we expect significant interest both locally and nationally.”
“This catalyst site will allow any developer to stamp its footprint on a transforming area,” Mr Scott added.
The Expressions of Interest campaign closes Thursday, March 28 at 4:00pm (ACDT).
The 8,306sqm property at 108-120 Marion Road, Brooklyn Park, benefits from 95m of roadside frontage and dual access from Marion Road and Edwin Street.
The site consists of multiple titles, all varying sizes, but is predominately Commercially zoned, with only 718sqm Residentially zoned.
Sitting within the City of West Torrens, Brooklyn Park is mainly residential and its estimated population of 4,781 residents is expected to increase with flexible planning provisions.
CBRE’s Rhyce Scott, Harry Einarson and Mitch Curnow have been appointment to market the development site, which is only 3.5km from Adelaide CBD and a short 1km drive to the airport.
Mr Scott noted; “Development opportunities of this scale, within a few kilometres of the CBD, are hard to come by, which is why we expect significant interest both locally and nationally.”
“This catalyst site will allow any developer to stamp its footprint on a transforming area,” Mr Scott added.
The Expressions of Interest campaign closes Thursday, March 28 at 4:00pm (ACDT).
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About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
