LOTS 43 AND 2002, LOT 43 PARK TERRACE, Bowden, SA 5007

Klemco Property, on behalf of Renewal SA, presents two of the final ‘development ready’ parcels at Bowden, offering flexible opportunities for a range of mixed land-uses, including residential, commercial, and retail, for short term development horizons. These sites are located in Bowden’s vibrant, established community, with immediate access to Bowden Park, Plant 3 and Plant 4 amenities and close proximity to the Adelaide Park Lands, providing prime development potential.

Each of these opportunities has been de-risked by Renewal SA, with all site infrastructure and environmental audit completed, ensuring that the sites are ready for a short-term start. 

Additionally, Renewal SA is offering attractive commercial terms to help developers maximise each site’s potential while contributing to the final vision for the Bowden project. 

Key features include:
•	Site settlement available subject to planning consent
•	Flexible allotment control plans prioritising a variety of land uses, that encourage innovation and align with Bowden’s urban design framework
•	Ongoing marketing support, including access to a staffed Bowden Discovery Centre to support project enquiry and sales.

Lot 43
Corner Third Street and Park Terrace
Located at Bowden’s main entrance, Allotment 43 sits adjacent to the Adelaide Park Lands, Plant 3 and Plant 4, Bowden Park and the Bowden Train Station. The site measures approximately 28m wide and 37m deep, representing approximately 1,049m2 in total developable area.

Locality highlights:
•	Park Terrace frontage with 50,000 vehicles passing daily
•	Uninterrupted views of the Adelaide Park Lands and CBD to the south that are protected from future developments, as well as Bowden Park to the north
•	Three street frontages to Park Terrace, Third Street and Red Shed Lane.
•	Zoning permits flexible mixed-use building with a mix of land uses
•	Building height allowance up to 12 storeys
•	Environmental audits for the development of the land are complete
•	Site is ready for immediate delivery, levelled with civil and servicing infrastructure complete.

Lot 2002
Gibson Street – adjacent to Bowden Park and Plant 3 and Plant 4
Situated on Gibson Street between Third and Fourth Streets, Allotment 2002 is the last remaining landmark site fronting Bowden Park. The site is superbly located with views across Bowden Park and close to retail amenities at Plant 3 and Plant 4.

The site measures approximately 61m wide and 33m deep, with approximately 2,070m2 of total developable area. It is currently home to the Bowden Discovery Centre, which is planned for future demolition.
Locality highlights:
•	360-degree frontage to Gibson Street, Plenty Place, Third Street and Fourth Street
•	Unobstructed views across Bowden Park to Plant 3 and Plant 4, offering a prime opportunity for a mixed-use development with integrated food and beverage options
•	Opportunity to access existing Bowden Discovery Centre for project sales and marketing prior to construction.
Development opportunities: 
•	Zoning permits flexible mixed-use building, granting flexible land uses
•	Building height allowance up to 8 storeys
•	Environmental audits for the development of the land are complete
•	All civil and service connections are provided to the site’s boundaries.
EOI
Klemco Property, on behalf of Renewal SA, offers these two development parcels to the market in a combined Expressions of Interest approach. 

The EOI is designed to provide developers with information on remaining sites available at Bowden and will allow the market to participate in one or both opportunities. Expression of Interest (EOI)
EOI Close Date – 2pm Thursday 12 December 2024

Please contact Roger Klem to discuss any aspect of the properties or sale process.

Roger Klem
Klemco Property
0423919373
[email protected]
RLA 315097


*approximately