Adelaide-based Colliers Investment Services have facilitated a $14.1 million sale of planned land development space Wallaroo Shores to Aspen Group Ltd.
Colliers said the 13.45-hectare Wallaroo landholding — positioned between the town centre, foreshore and marina precinct — offered potential for mixed-use development in one of South Australia’s fastest growing regional areas.
The Wallaroo Shores planned development would include 200 land lease sites, residential build-to-rent, townhouses, residential land lots and a commercial and retail precinct as a continuation of the main street.
“Aspen Group’s acquisition signals a strong vote of confidence in the future of Wallaroo Shores and the broader Copper Coast region,” Colliers National Director Justin Hazell said.
“With its shovel-ready s