12-20 Shannon Place,
Adelaide, SA 5000

Development Sites & Land • Other

Key property information

Land area

Floor area

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Map of 12-20 Shannon Place

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Development Opportunity in Burgeoning Western CBD Precinct

6 townhouses
High rental yield
Capital City Zoning

Belle Property Commercial Adelaide is pleased to present these 6 beautiful Townhouses in North-West CBD of Adelaide.

- High rental yield of 6 x (2 bed 1 bath 1 carpark) townhouses
- Good condition with high occupancy rate
- Future development spreading over 2 titles totalling approx. 882 sqm
- Capital City Zoning (Build up to 43m in height, STCC)
- Approx. 33m frontage along quiet Shannon Place, ideal for a residential development in the expanding Adelaide city centre residential market
- Not heritage listed
- Strategic location in the midst of Central Market/Chinatown, UniSA City West campus, Uni Adelaide Health and Medical, SAHMRI, new Royal Adelaide Hospital and Adelaide High School
- Brand new developments nearby include the West Franklin Apartments, Atira and Uni Lodge Student accommodations, Central Adelaide Apartments

With main arterial Waymouth Street just around the corner, public transport and lifestyle amenities are at its doorstep

Contact Alan Lim for further information.

RLA 287133

Adelaide, 5000 demographic data

The median household income for Adelaide is $1,365, 12% lower than Greater Adelaide's household income of $1,548. Adelaide has a younger age profile compared to the rest of Greater Adelaide (median age 31 vs 39). Property ownership data shows 43% of property owners in Adelaide have a mortgage.

18,202

Population

$1,365 per week

Median household income

31 years

Median age

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Most residents

Singles

Most households