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1270 & 1272 Old Port Road
West Lakes SA 5021

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Bathrooms: -
Car spaces: -
Land area: 17519m2
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Major Mixed-Use Infill Development Site

Given the well reported undersupply of housing and increasing need from residents for greater community services, the offering of 1270 & 1272 Old Port Road, West Lakes could not be more timely.
RWC Adelaide draw astute developers to the following key investment considerations:
• Major residential development plus range of commercial and LFR uses envisaged
• Huge frontage of 250m* plus lake views
• Genuine urban revitalisation project
• Two titles with a total site area of 17,519sqm*
• High growth location in close proximity to Osborne defence precinct
• Offered both separately or as a whole
For sale by negotiation with an asking price of $13.5 million.
*Approx

Property Details for 1270 & 1272 Old Port Rd, West Lakes

Building Type
Commercial
Land Size
17519m2

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About West Lakes 5021

The size of West Lakes is approximately 4.4 square kilometres. It has 32 parks covering nearly 18.1% of total area. The population of West Lakes in 2011 was 5,728 people. By 2016 the population was 5,781 showing a population growth of 0.9% in the area during that time. The predominant age group in West Lakes is 60-69 years. Households in West Lakes are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Lakes work in a professional occupation. In 2011, 75.4% of the homes in West Lakes were owner-occupied compared with 76.5% in 2016.

West Lakes has 3,583 properties. Over the last 5 years, Houses in West Lakes have seen a 75.15% increase in median value, while Units have seen a 74.67% increase. As at 31 October 2024:

  • The median value for Houses in West Lakes is $1,307,093 while the median value for Units is $712,663.
  • Houses have a median rent of $690 while Units have a median rent of $555.
There are currently 16 properties listed for sale, and 2 properties listed for rent in West lakes on OnTheHouse. According to CoreLogic's data, 155 properties were sold in the past 12 months in West lakes.

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Harry Einarson
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Jack Dyson
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RWC Adelaide
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