Payton Ave Development, Dernancourt

Klemich Real Estate is pleased to present a rare large-scale redevelopment opportunity in the heart of Dernancourt, comprising five titles across approximately 6,527sqm with triple street frontage.

Positioned within Adelaide's established north-eastern corridor, the aggregation benefits from exposure to Lower Northeast Road, Payton Avenue and Raphael Avenue, providing excellent flexibility from a planning, access and staging perspective.

SITE OVERVIEW

TOTAL LAND AREA: 6,527 Sqm (appx)

8 Raphael Avenue
Land size: 1,604 sqm

28 Payton Avenue
Land size: 951 sqm

30 Payton Avenue
Land size: 980 sqm

32 Payton Avenue
Land size: 897 sqm

34 Payton Avenue
Land size: 2,095 sqm

KEY DEVELOPMENT ATTRIBUTES
- Five titles forming a large consolidated development holding
- Triple street frontage – Lower North East Road, Payton Avenue & Raphael Avenue
- Combined landholding 6,527sqm (approx.)
- Existing dwellings located across all allotments
- Periodic leases in place on several properties
- Vacant possession achievable with 60 days' notice
- 34 Payton Avenue comprises a substantial residence including a pool and tennis court

The scale of the landholding, combined with its three street interfaces, provides excellent flexibility for access configuration, staging and future development design outcomes (STCC).

STRATEGIC LOCATION
Dernancourt is one of Adelaide's most established north-eastern suburbs, positioned approximately 11 kilometres from the Adelaide CBD.

The site benefits from strong connectivity via Lower North East Road, providing direct access to the city and surrounding residential growth areas

NEARBY AMENITIES INCLUDE:
- Dernancourt Shopping Centre
- Tea Tree Plaza retail precinct
- Paradise Interchange (O-Bahn)
- Linear Park and River Torrens walking trails
- Quality public and private schools
- Extensive recreation and sporting facilities

The area continues to experience strong demand for new housing, driven by its proximity to the CBD, infrastructure, and established community amenities.

IMPORTANT - SALE STRUCTURE
This opportunity is being offered strictly as a single consolidated transaction.
All five titles are to be sold together as one aggregated holding, and the vendors are not considering individual allotment sales.

EXPRESSIONS OF INTEREST
The property is offered via an Expressions of Interest "EOI campaign.

DISCLAIMER
While we strive for accuracy in our marketing materials, Klemich Real Estate does not guarantee the information provided by vendors. We make no representations or warranties regarding its accuracy and accept no liability. Interested parties should conduct their due diligence. All photographs, maps, and images are for marketing purposes only.