FOR SALE
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1270 & 1272 Old Port Road
West Lakes SA 5021

Bedrooms: -
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 3,595 properties. Over the last 5 years, Houses in West Lakes have seen a 73.83% increase in median value, while Units have seen a 69.69% increase. As at 30 November 2024:

  • The median value for Houses in West Lakes is $1,298,460 while the median value for Units is $693,294.
  • Houses have a median rent of $683 while Units have a median rent of $550.
There are currently 10 properties listed for sale, and 2 properties listed for rent in West lakes on OnTheHouse. According to CoreLogic's data, 163 properties were sold in the past 12 months in West lakes.

Suburb Insights for West Lakes 5021

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Harry Einarson
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Jack Dyson
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RWC Adelaide
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.