CBRE are pleased to present 6-10 Mclaren Parade, Port Adelaide to market via an Expression of Interest campaign. This shovel ready development site is in the heart of transforming Port Adelaide and located a mere stone's throw from the Port River. This opportunity is benefited from full building rules consent for 19 apartments with architectural designs from Williams Burton Leopardi Architects. However, this dual frontage site is zoned Regional Centre allowing for a range of end uses should the purchaser have other plans.
Key Highlights Include:
The size of Port Adelaide is approximately 6 square kilometres. It has 7 parks covering nearly 3.2% of total area. The population of Port Adelaide in 2011 was 1,293 people. By 2016 the population was 1,238 showing a population decline of 4.3% in the area during that time. The predominant age group in Port Adelaide is 40-49 years. Households in Port Adelaide are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Port Adelaide work in a professional occupation. In 2011, 40.8% of the homes in Port Adelaide were owner-occupied compared with 43% in 2016.
Port Adelaide has 1,698 properties. Over the last 5 years, Houses in Port Adelaide have seen a 57.06% increase in median value, while Units have seen a 94.86% increase. As at 31 October 2024:
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