16-20 St Vincent Street, Port Adelaide SA 5015

Set on the corner of St Vincent Street and Rann Place facing Hart's Mill Redevelopment. To be sold as a whole in this mixed use zone.

Demolition permission was previously granted - see below. Two Torrens Title blocks to be sold as a whole in this amazing location.

(Demolition of building and all associated structures was previously granted on Development Application 040/DA0443/18 on 16/10/2018 stating that works must substantially commence within 12 months and be completed within 3 years from the issue date of development approval as indicated on the decision notification form.)

As Port Adelaide blooms and transforms with new initiatives, businesses and housing revitalising the area, astute developers will see this as a potentially lucrative opportunity to capitalise on this prime location. North facing and fronting the main street just metres from the River, these two level allotments of approx 329sqm each, measuring 35.97m deep with 9.14m frontages, certainly present enticing redevelopment possibilities.

Zoned 'Urban Activity Centre' to support a broad spectrum of primary business, shopping and entertainment sectors, the allotments, to be sold together, are ripe for sustainable, cutting edge redevelopment (STCC).

This property is steeped in a rich history. The same family has owned the property for many years and this is the first time being released to the market.

You'll find trendy restaurants and cool watering holes popping up all over Port Adelaide to soak in the atmospheric wharf vibes. Home to the National Railway Museum, the South Australian Maritime Museum and SA Aviation Museum, Port Adelaide is a mecca for history buffs, too.

The Port Adelaide Plaza and the Port Mall Shopping Centre are popular shopping hubs; while the street art, Fisherman's Wharf Market, Torrens Island Market, City of Adelaide Clipper Ship and the Adelaide Dolphin Sanctuary all add to an eclectic mix of vibrant activities and attractions.

Just step straight across St Vincent Street to Hart's Mill Precinct, the Port's happening place in community development.

There is simply no other community in this State going through a transformation like the Port! Located 14kms (a 25 minute commute) north-west of the CBD and just 7kms from the Osborne Naval Shipbuilding Precinct, there has never been a better time for developers to be part of the "adventure" and bring new life and vitality to this historic port town!

$580,000 - $630,000

CT: 5841/517 & 5841/518
Council: City of Port Adelaide & Enfield

Ray White Kensington are working directly with the current government requirements associated with Open Inspections, Auctions and preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that restrictions on numbers attending any one home are in place and social distancing will be required.

We strongly recommend that if you have recently returned from travel interstate or overseas or are feeling unwell at this time, please contact the listing agent to discuss alternative ways to view or bid at any upcoming auctions and/ or appointments.