Sited within one of inner north western Adelaide's most significant retail precincts these land parcels represent a rare opportunity to acquire premium development land at an affordable price in an established and highly patronised retail centre.
Located adjacent to Armada Arndale Shopping Centre, a fully provisioned sub-regional shopping centre with gyms, eateries, medical services, retail, supermarkets, and Hoyts cinemas, Lots 1-3, 460-470 Torrens Road, Kilkenny represent an exceptional opportunity to secure 3 strategic development parcels, individually or in one line.
Allotment 1: 2,981sqm*.
Situated approximately 7 kilometres north west of the Adelaide CBD, the properties are positioned on the eastern side of Armada Arndale Shopping Centre with extensive street frontage along Gray Street and First Avenue.
The allotments are of regular shape and level topography offering great development efficiencies and offer superb accessibility to Regency Road, Torrens Road and Hanson Road.
The sites are located within the Urban Activity Centre Zone. The Zone is intended to support a broad spectrum of regional level business, shopping, entertainment and recreational facilities, with development up to 4 levels (stca).
*approximately.
The size of Kilkenny is approximately 1.1 square kilometres. It has 2 parks covering nearly 0.8% of total area. The population of Kilkenny in 2011 was 1,633 people. By 2016 the population was 1,641 showing a population growth of 0.5% in the area during that time. The predominant age group in Kilkenny is 40-49 years. Households in Kilkenny are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kilkenny work in a professional occupation. In 2011, 62.2% of the homes in Kilkenny were owner-occupied compared with 60.6% in 2016.
Kilkenny has 905 properties. Over the last 5 years, Houses in Kilkenny have seen a 90.28% increase in median value, while Units have seen a 80.30% increase. As at 31 October 2024:
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