ROI Process for Kingscote Wharf Precinct Concludes
Tuesday, 20 December 2016
The Registration of Interest (ROI) process for the sale and future redevelopment of the Kingscote Wharf Precinct has concluded. The ROI process extended over a ten week period commencing on 5 July 2016, and closed on 12 September 2016. ROI’s were sought from the open market by Savills as the marketing land agent, and the process procured a number of submissions. All persons who made a submission have been contacted and advised of the outcome of the ROI process.
With the impending redevelopment of the Kangaroo Island Airport, together with a range of other projects and initiatives in the pipeline, the Kingscote Wharf precinct will continue to remain on the open market to leverage any ongoing and enhanced investor interest in the Island. Interested persons are encouraged to contact the land agent. For a confidential conversation, please contact Steve Bobridge at Savills Australia on 8237 5015 or 0418835525, or by email to SBobridge@savills.com.au.
Where proponents are existing tenants on the Wharf, current agreements will remain in place. Any new proposals for short term access and use of land in the Wharf Precinct should be directed to the Department of Planning, Transport and Infrastructure - Property Directorate. Please contact Maria Kollar on 8204 1228 or 0427 936 971, or by email to Maria.Kollar@sa.gov.au.