Acting under instructions from Renewal SA, JLL is seeking tenders from interested purchasers in acquiring the former Kensington Centre site in the prime eastern suburb of Kensington.

Located on the western side of Shipsters Road and with additional frontage to Hill Street and a public park, the property provides astute developers with an incredible opportunity to acquire 3,700sqm* of tightly held eastern suburbs land.

Formerly occupied by the Kensington Centre, the property comprises typical school buildings, including classrooms and a gymnasium, with a character villa in the south eastern corner.

The entire north-western boundary of the site abuts a public park creating a tranquil park setting and providing pedestrian access between Hill Street and The Parade.

Given the strong demand for high quality, well located residential development sites, we anticipate 3 Shipsters Road, Kensington will generate significant enquiry from developers and we highlight the following key features:

• Large corner site of 3,700sqm* held over four titles
• Two street frontages and frontage to a public park
• Prime residential or mixed use development site (stnc)
• Close proximity to The Parade and Marryatville Shopping Centre

*Approx.

Under instructions from Renewal SA

FOR SALE BY TENDER Closing 4pm Wednesday 20 May 2015 at the offices of Renewal SA.

RLA1842