91 Penola Road

Mount Gambier SA 5290

4275 m²

Land

Currently for sale - view listing

Overview

Prime CBD Development Opportunity

Expressions Of Interest by 12pm Thursday 20th August 2026 (Unless Sold Prior) 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