Klemzig

A rare infill development opportunity has been secured in Klemzig, South Australia, approximately 6km north-east of the Adelaide CBD, comprising a vacant site with potential for a six-level aged care facility with associated townhouses or an alternative townhouse-only scheme, subject to approvals.

The Property benefits from its scale and adjoining Boucaut Avenue site, creating a scarce consolidated development opportunity in a tightly held suburb, supported by strong buyer competition and approximately 30 reported offers during the sales campaign.

Adelaide’s strong residential fundamentals, constrained housing supply, tight vacancy rates and supportive medium-density planning framework provide a favourable backdrop, with excellent O-Bahn connectivity and established retail, recreational and education amenity further enhancing the site’s appeal.