A blue-chip portfolio of 13 development sites around Australia has hit the market, offering a blank canvas opportunity for investors, developers, and owner-occupiers to acquire strategically located land parcels.
The nationally distributed portfolio comprises a mix of metropolitan and regional locations, spanning five states with sites ranging in size from 1,265sqm* to 3,073sqm*. For sale through Ampol, the portfolio is being brought to market by Cushman & Wakefield, led by National Director and Head of Investment Sales, QLD, Daniel Cullinane.
Each site is strategically positioned with excellent road visibility and access, often in major traffic corridors or key urban intersections. The properties are currently undeveloped, presenting blank canvases for a range of uses.
With flexible zoning in many locations, the sites are suited to retail development, fast food, service centres, or even alternative commercial uses subject to planning approvals.
“This portfolio represents a rare opportunity to acquire well-located land in tightly held locations, whether for immediate development or strategic land banking,” said Mr Cullinane.
“Given the scarcity of prime arterial sites and the continued strength of convenience retail and service-based assets, we expect this opportunity will appeal to developers seeking shovel-ready or strategically positioned projects, owner-occupiers chasing high-exposure sites, and investors looking to land bank quality real estate in growth corridors.
“All at a time when demand for prime metro and regional locations is being fueled by infrastructure investment, population growth, and the ongoing push for last-mile and convenience-based solutions” said Mr Cullinane.
The properties are outlined below:
The properties are available individually, in clusters, or as a complete portfolio, with Expressions of Interest closing on Wednesday 25 June 2024 at 4:00pm (AEST).