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91 Penola Road

Mount Gambier SA 5290

4275 m²
Land
Currently for sale - view listing

Overview

Prime CBD Development Opportunity

Positioned prominently along one of Mount Gambier's key thoroughfares, 91 Penola Road represents an unprecedented acquisition opportunity for visionary developers, astute investors, and strategic land bankers alike. Spanning a massive 4,275 square metres within the vibrant Mount Gambier CBD precinct, this expansive vacant allotment offers scale, flexibility, and development potential (STCA). What truly sets this allotment apart is its exceptional development readiness and prime frontage. Essential infrastructure setup is already well underway, featuring its own dedicated water connection and a power pole situated right at the front boundary along Penola Road for immediate ease of access. Location is everything, and this site commands an enviable position with maximum visibility and direct access via Penola Road. Its prime position ensures effortless connection to Mount Gambier's central shopping districts, health facilities, professional services, and schools. Land parcels of this magnitude in central Mount Gambier are increasingly scarce, providing an exceptional blank canvas and endless possibilities to craft a tailored masterplan to capitalise on strong regional growth. Additional Property Information: Land Size: 4275sqm Council Rates: Approx $422 quarterly RLA 291953 Featured house package provided by Casa Mia Bespoke Building, land sold separately. Contact the builder directly to customise this floor plan or design your dream home from scratch.

Features

4275 m² lot size
Land

Happy sellers in Mount Gambier

90%
90% of sellers in Mount Gambier reported that their sale price either exceeded or met their price expectations.

Mount Gambier stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Mount Gambier over the last 12 months.

Local market activity for land plots in Mount Gambier

In the last 12 months, 12 land plots similar to 91 Penola Road, have been sold.

This represents a 43% increase in land plots sales when compared to the previous 12 months.

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