The wealthy Roche family is parting ways with 30 acres of oceanfront land at the southern tip of Hallett Cove as part of an ongoing sell-off of the family’s property empire.
The freehold, on Burlington Rd, comes with approvals for 169 residential estates, ranging in size from 194m2 to 1012m2, plus two ‘super lots’ for higher density housing and public reserve space.
MORE: Inside the mega-wealth of the Roche family
It is bounded by Burlington Rd to the north and Sigma Rd to the south, just north of the Adelaide Desalination Plant.
Selling agent James Juers of McGees Property described it as “one of the most exciting residential development opportunities in Adelaide”.
“This is just an unrepeatable opportunity,” he said.
The campsite is located at the southern tip of Hallett Cove. Image: Supplied by McGees Property
“There is nothing like it available, and nothing like it has been brought to market in the last decade.
“Elevated to capture breathtaking coastal views, this excavation-ready site with favorable zoning offers a unique opportunity to create a flagship community in one of Adelaide’s most sought-after southern locations.”
![Adelaide Mayor John Roche in his mayoral robes. Used on July 7, 1975.](data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 768 1024"%3E%3C/svg%3E)
John Roche was mayor of Adelaide from 1975 to 1977.
Twins Airlie and Alexandra Roche Hamilton. Image: Instagram
Mr Juers said the site is directly linked to the Hallett Cove Headland Reserve and the coastal path, and would be suitable for residential development, a land lease community development or a lifestyle village.
![A collection of ceremonial silver trowels used to lay the foundation stones of buildings in Adelaide has been found in America, purchased and donated to the Art Gallery. SA art collector benefactor David Roche holds the trowl used for the Elder Conservatorium (Adelaide Uni) and looks at the exhibition showing the trowl that turned the ground of the Art Gallery.](data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1024 768"%3E%3C/svg%3E)
The estate of late SA art collector David Roche was preserved by the David Roche Foundation, with an art museum in North Adelaide.
“It is also in close proximity to Adelaide’s southern suburbs, the main service center of the Hallett Cove Shopping Center and the state’s beautiful McLaren Vale wine region, which offers high-quality shopping and hospitality options.”
Expressions of interest for the property close on March 12.
The Roche family – one of the state’s wealthiest families – has sold its extensive real estate empire in recent years, including the Sale of a landmark Rundle Mall building valued at $10.85 million late last year, which followed the $28.2 million sale of a 33.3-hectare landholding in Encounter Bay.
The family also wants to sell it historic Gawler Chambers building on North Tce in the city as part of a restructuring of the family’s real estate portfolio.
– by Giuseppe Tauriello
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