OFF MARKET

100/621-625 Goodwood Road
Panorama SA 5041

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 15916m2
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Property Details for 100/621-625 Goodwood Rd, Panorama

Building Type
Land
Land Size
15916m2
Local Government
Mitcham

Last Listing description (November 2023)

Significant land holding of 15,916sqm* over 2 sites of 1,536sqm* and 14,380sqm* in Adelaide's tightly held inner eastern suburbs.
Access to/from Goodwood Road via a new main street, together with additional frontage of some 137 metres* to Shepley Avenue.
Heads of Agreement in place for 115 place childcare centre on lot 7.

Current development approval providing for 56 townhouse allotments on lot 100.
Zoned Urban Neighbourhood permitting a variety of outcomes up to 4 levels (stnc).
Alternative development options including retirement living and/or aged care.
Multi sector appeal.
Approximately 8km* from the Adelaide CBD.
Strategic positioning in tightly held precinct.

The extent of development in the immediate locality reinforces the development potential of these outstanding sites and includes the likes of Mobil X Convenience, Petstock, a carwash, SipnSave and a two level office, all of which are currently under construction or nearing completion, together with a $35 million 5 level hotel/motel with a rooftop bar which is due for construction commencement later this year.

Significant due diligence information including Site Master Plan, Environmental, Geotechnical & Arboriculture Reports, Development Approval, Dwelling and Engineering Construction Cost Estimates, Consultant Reports, Layouts & Elevations and Childcare Centre Heads of Agreement is available via the exclusive selling agents following execution of a Confidentiality Agreement.

Inspections are strictly by appointment.

Property History for 100/621-625 Goodwood Rd, Panorama, SA 5041

A timeline of how this property has performed in the market
  • 30 Oct 2023
    Listed for Sale Please contact agent

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About Panorama 5041

The size of Panorama is approximately 1.7 square kilometres. It has 12 parks covering nearly 9.7% of total area. The population of Panorama in 2011 was 2,259 people. By 2016 the population was 2,336 showing a population growth of 3.4% in the area during that time. The predominant age group in Panorama is 50-59 years. Households in Panorama are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Panorama work in a professional occupation. In 2011, 80.5% of the homes in Panorama were owner-occupied compared with 81.2% in 2016.

Panorama has 1,082 properties. Over the last 5 years, Houses in Panorama have seen a 79.63% increase in median value, while Units have seen a 70.46% increase. As at 30 September 2024:

  • The median value for Houses in Panorama is $1,052,594 while the median value for Units is $587,674.
  • Houses have a median rent of $640.
There are currently 3 properties listed for sale, and no properties listed for rent in Panorama on OnTheHouse. According to CoreLogic's data, 36 properties were sold in the past 12 months in Panorama.

Suburb Insights for Panorama 5041

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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.