Australand Sells Adelaide Industrial Site For $1.35 Million

AUSTRALAND has made about $1.35 million from the sale of a 1.55 hectare vacant industrial site in Adelaide.

The 21 – 81 Frost Road site, in Salisbury South was once part of a larger Australand development, but the group; deemed the site surplus to its needs, according to the AFR which reported the sale.

The new owner, building and construction products manufacturer BGC, will relocate to the premises from Albert Park.