Colliers International is delighted to be entrusted as the sole and exclusive agent for the freehold sale of 621 Goodwood Road, Panorama, South Australia.
621 Goodwood Road, Panorama represents one of the most significant development opportunities in Adelaide's highly sought after and tightly held inner southern suburbs. With high profile exposure, the property is ideally positioned on the Goodwood Road outbound track and offers a blank canvass for the prospective developer, value driven owner occupier or astute investor.
Comprising 3 Certificates of Title, the 34,047 square metre* land holding is prominently positioned with 181.8 metres* of valuable Goodwood Road frontage and additional frontage of some 136.31 metres* to Shepley Avenue at the rear of the site. The property's location, exposure, access and development potential can only be described as outstanding.
Recently rezoned to Mixed Use, the size and locality of the property offers buyers the opportunity to undertake a full redevelopment of the site for medium to high density townhouse and/or apartment development, retirement, aged care, retail, commercial, childcare, medical and mixed use, with the site supportive of intensive development (stcc).
*approx.
For sale by Expressions of Interest, closing Thursday 15th October 2020 at 3.00pm (ACDT).
To arrange an inspection or for more information please contact Colliers International as the exclusive selling agents:
Jordan Schmidt +61 403 422 762
Justin Hazell +61 414 232 022
Alistair Mackie +61 412 817 977
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 1,083 properties. Over the last 5 years, Houses in Panorama have seen a 92.40% increase in median value, while Units have seen a 75.62% increase. As at 31 October 2024:
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