Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A


Tenure Type Freehold
Land Area
Last Updated Date 26 Jun 2020

Property Description

JLL is delighted to offer for sale Penny’s Village - a fantastic development opportunity in the inner north western suburb of Pennington.


Penny’s Village comprises a large parcel of residential infill land with full subdivision approval for 46 residential allotments. The cleared and leveled 12,400*sqm site has had significant storm water infrastructure already installed and is ready for development.


Situated just 9* kilometres from the CBD and 6* kilometres from the beach, Penny’s Village provides the opportunity for developers/builders to take advantage of the pre-development work that has been undertaken, all of which will be provided to the successful purchaser, including the onsite sales office and all intellectual property such as marketing collateral and purchaser database.


Astute developers and builders will recognise the sizeable investment of time and resources required in getting a site ‘shovel ready’ and therefore we anticipate this offering will generate strong interest from local and interstate developers and builders.

Penny’s Village is offered for sale by Expression of Interest closing Friday 3 April 2020 at 2pm. Please contact exclusive agents JLL for the full due diligence pack.


Investment Highlights

  • Fantastic development opportunity
  • Large parcel of residential infill land
  • 12,400*sqm site
Jed Harley
Jed Harley
Director, Sales & Investments – SA
Roger Klem
Head of Sales & Investments - SA

There was an error submitting your request. Please try again, or submit you inquiry here.



Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.