A mixed-use opportunity across seven titles available individually or online offers developers the perfect entry into the exceptional commercial and retail precinct in booming Seaford. Positioned on Main Street, the 3.3-hectare site presents a once-in-a-generation opportunity boasting a multitude of development options.
The site is located opposite the Seaford Central Shopping Centre, which is already home to some of Australia’s largest national tenants, including Woolworths, Drakes, and Big W, along with 40 specialty stores.
Ben Parkinson, JLL’s Head of Capital Markets, SA, is leading the exclusive sales campaign for the Seaford Gateway Portfolio along with colleagues Jack O’Leary and Claudia Brace.
“The Seaford Gateway Portfolio offers potential for a mix of supermarket, hotel, retail, residential development outcomes, and even the ability to create a town centre/high street precinct,” said Parkinson.
“With record-low residential vacancy in South Australia, combined with the limited land supply and increasing demand, particularly in southern Adelaide, we are expecting strong and competitive developer interest at this very attractive property,” he said.
“The Seaford Gateway is a shovel-ready development site, with prime exposure directly adjacent to Seaford Central,” added O’Leary. “Boasting desirable street presence and situated in the core of Seaford, its potential is limitless.”
“The offering comprises over 33,000m2 of site area across seven Certificates of Title, with significant land parcels on both the northern and southern sides of Main Street, providing ultimate flexibility and an unparalleled development opportunity. There is also the potential for the purchaser of smaller allotments, with a proposed plan of sub-division for smaller sites, which may appeal to the local owner-occupier market,” said O’Leary.
Other key features of The Seaford Gateway Portfolio include Suburban Activity Centre and Suburban Main Street zonings, development possibilities up to six levels (or 24.5 metres, subject to approvals) and the potential for apartments, health and wellness and other lifestyle amenities (STA).
Located 34 kilometres south of the Adelaide CBD, the Seaford Gateway Portfolio is strategically positioned in the heart of an exceptional commercial and retail precinct. Main Street is the primary thoroughfare linking Commercial Road with Grand Boulevard, giving access to Seaford Road and Main South Road.
The area is bolstered by a strong and growing residential population. Seaford continues to experience exponential population growth, which has increased by over 10% in the last 12 months.
“Underpinned by strong existing residential population the area has forecast growth in the immediate catchment from a combination of private and government land releases generating an estimated 3,000-plus new homes in the short to medium term,” O’Leary added.
“This key $407 million piece of infrastructure has been vital in the commute to the southern suburbs,” O’Leary said, adding that the state government’s commencement of the Torrens-to-Darlington upgrade would be a huge boon to the south, linking Tonsley with the city.
Seaford also benefits from a range of convenient transportation options, including the Seaford Interchange, located just 450 metres from the site, providing numerous bus and train services.
The wider catchment includes Colonnades Shopping Centre, located five kilometres north, which is one of the largest shopping destinations in Adelaide’s southern suburbs, comprising a diverse range of stores, services and amenities, including major retailers Kmart, Target and Coles, plus more than 200 specialty retailers.
