South Australia’s Land Management Corp to Sell 200 Hectare Development Site
Major land release at Blakeview to support growing north
31 Jan 2011
One of the largest residential land releases in Adelaide’s history – capable of accommodating more than 3000 homes – has gone on sale.
The 206-hectare land sale at Blakeview in Adelaide’s north provides a rare and exciting opportunity for the private development sector to master plan an entirely new urban community in a growing area.
The Blakeview land release is being managed by the South Australian Government’s Land Management Corporation.
Infrastructure Minister Patrick Conlon said the Blakeview land release will help to meet continued demand for residential allotments in the outer northern area and also assist with housing affordability by establishing a ready allotment supply.
“Land releases of the scale at Blakeview will provide developers with the opportunity to acquire larger development parcels capable of being master planned and of sufficient size to support required infrastructure development,” Mr Conlon said.
“Adelaide’s north is a fast growing and dynamic area that is currently undergoing significant investment in infrastructure, housing and employment opportunities. The land release at Blakeview will help facilitate this growth by providing timely and affordable housing in line with the aims of the State Government’s 30-year Plan for Greater Adelaide,” the Minister said.
Tenders will be sought nationally for purchase of the land which is situated approximately 30km north of Adelaide, adjacent to the suburbs of Munno Para to the west and Craigmore and existing areas of Blakeview to the south. On a typical density of 15 homes per hectare, the land release has the potential to accommodate more than 3000 homes when fully developed.
The release is to comprise two separate land parcels of 107 hectares and 99 hectares which will be marketed in a single, national sales campaign. The parcels will comprise of Blakeview East (east of Bentley Road) and Blakeview West (west of Bentley Road).
Minister Conlon is confident that the land release will be highly attractive to local and national property developers.
“Productivity and job creation in Adelaide’s north outstrips the rest of the State and this trend is set to continue,” Mr Conlon said.
“By providing land such as this new release at Blakeview – alongside LMC’s other major northern residential development at nearby Playford Alive, we are helping to grow the north, creating jobs and business opportunities for northern Adelaide,” he said.
This latest release follows two previous successful releases at Blakeview over the last three years. The first parcel of 27 hectares was sold in September 2007 to the Fairmont Group, and the second release of 88 hectares sold to Delfin Lend Lease in March 2008.
The Blakeview land release is now available to the market via a tender process with the tender period scheduled to close at 4.00pm Adelaide time on 6 April 2011. The tender process is supported by a marketing campaign which includes advertising in national newspapers and a national roadshow targeting leading property developers.
LMC has appointed Adelaide-based Realtycorp Property Solutions to support the national marketing and sales campaign.
