Nick Psarros & Penny Papazis of Ray White Port Adelaide are pleased to present to the market this prime opportunity to secure a huge allotment on a prominent site of approximately 2023m2 with 30m frontage in this up and coming Western Adelaide suburb of Queenstown, gateway suburb to the peninsula and historic Port Adelaide. Offering the astute prospective purchaser a myriad of development opportunities (subject to Planning consent).
A great offering in this growing Western suburb, so be quick to register your interest!
To place an offer on this property, please complete this Letter of Offer form https://forms.gle/WehvGVwwpn7gUvjQ7
Queenstown is located in the Western suburbs of Adelaide and is tucked away in a small pocket off Port Road and next door to Port Adelaide which is fast becoming one of the most popular destinations in the West with all the amazing new sites springing up and soon to be new additions including:
$60M Rydges Hotel development on Port Adelaide waterfront
Colac Hotel, Port Adelaide undergoing $12M transformation
Globe Hotel $1.5M rooftop bar redevelopment on St Vincent St, Port Adelaide
Port Adelaide boutique Waterfront redevelopment with retro rooftop bar
New train station and waterfront landscaping developments
2 new childcare centres in the Port: Paisley Park Early Learning & Hessel Early Learning
EATERIES IN AND AROUND THE PORT
St George Bakehouse, Lonestar Rib House, Boost Juice, Bakers' Delight, Wendy's, Captain Chicken & Seafood, Sorriso Cucina, Shanghai Teahouse, Sushi Hiro, S2 Thai, Niji Sushi, Yiros Central, Soonta, Banban, L. Law Cafe, Ucool Bubble T, Banksia Tree cafe, Historic Mayfair bakery & patisserie, Pancake Kitchen, Swedish Tarts, Adobo Co, Carmine & Co
Disclaimer: Neither the Agent nor the Vendor accept any liability for any error or omission in this advertisement.
Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the completed Form 1 vendor statement.
***Regarding price. The property is being offered to the market by way of Auction without a price guide. The agent is not able to guide or influence the market in terms of price instead providing recent sales data for the area which is available upon request via email***
"The vendor statement may be inspected at 129 Port Road, Queenstown for 3 consecutive days preceding the auction and at the auction for 30 minutes before it starts."
The size of Queenstown is approximately 0.8 square kilometres. It has 1 park covering nearly 0.4% of total area. The population of Queenstown in 2011 was 1,804 people. By 2016 the population was 1,890 showing a population growth of 4.8% in the area during that time. The predominant age group in Queenstown is 50-59 years. Households in Queenstown are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Queenstown work in a professional occupation. In 2011, 58.5% of the homes in Queenstown were owner-occupied compared with 55.2% in 2016.
Queenstown has 1,121 properties. Over the last 5 years, Houses in Queenstown have seen a 92.69% increase in median value, while Units have seen a 80.64% increase. As at 31 October 2024:
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