88 Leader StreetForestville SA 5035
Property Details for 88 Leader St, Forestville
Last Listing description (March 2020)
JLL is pleased to present for sale 88 Leader Street, Forestville, a substantial, high profile development site situated in close proximity to the Adelaide central business district, and immediately adjoining a proposed premium Kaufland retail development at the former Le Cornu site on Anzac Highway.
Located within the affluent City of Unley, at Forestville, the property is offered for sale with the vendor about to commence and complete the demolition and removal of existing improvements, providing a cleared, level site for purchasers to add their own unique stamp.
This is an exciting opportunity for experienced developers to acquire a substantial site so close to the city of Adelaide, and commence a staged, medium to high density development (subject to normal planning approvals).
We outline the key property highlights below:
- Landmark site of an estimated 15,170 sqm to be cleared of improvements prior to settlement.
- Located immediately adjoining the proposed Kaufland retail development at 10 Anzac Highway.
- Blue chip mixed-use location 4km from the GPO and 1km from the south parklands.
- Extensive street frontages to both Leader Street and Maple Avenue.
- Urban Corridor zoning allowing for mixed-use and high-density residential development
- Affluent aspirational council area known for its sandstone and bluestone villas.
- Ideal proximity to major infrastructure including the Adelaide-Glenelg tramline, Ashford Private Hospital, Royal Adelaide Showgrounds, Goodwood Railway Station, high streets of King William, Unley and Goodwood Roads, and slightly further afield the new Royal Adelaide Hospital.
*approx
For further information, please contact the selling agents.
JLL RLA1842
Property History for 88 Leader St, Forestville, SA 5035
- 30 Nov 2020Sold for $38,225,000
- 29 Aug 2019Listed for Sale Contact Agent
- 17 Jul 2018Listed for Sale EXPRESSIONS OF INTEREST
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0About Forestville 5035
The size of Forestville is approximately 0.6 square kilometres. There is 1 park, covering nearly 5.1% of the total area. The population of Forestville in 2016 was 1389 people. By 2021 the population was 1400 showing a population growth of 0.8% in the area during that time. The predominant age group in Forestville is 20-29 years. Households in Forestville are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Forestville work in a professional occupation.In 2021, 65.70% of the homes in Forestville were owner-occupied compared with 63.60% in 2016.
Forestville has 788 properties. Over the last 5 years, Houses in Forestville have seen a 75.45% increase in median value, while Units have seen a 79.26% increase. As at 31 May 2026:
- The median value for Houses in Forestville is $1,649,536 while the median value for Units is $748,644.
- Houses have a median rent of $630 while Units have a median rent of $550.
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