The snapshot:
One of four rare, elevated CBD allotments recently established on North Terrace, this property offers sweeping city views, premium positioning and unrivalled flexibility. Individually or combined, these Torrens title allotments invite stylish family residences, luxury townhouses or a number of other development opportunities. Situated on the doorstep of the CBD and just a stones throw away from schools, cafe's, retail and sporting facilities - this opportunity ticks all the right boxes..
The location:
Mount Gambier is a thriving regional city known for its stunning natural landmarks, vibrant community, and relaxed lifestyle. From the iconic Blue Lake to local schools, shops, and cafés, everything you need is close at hand. Whether you're exploring the crater lakes or enjoying the city's growing food scene, Mount Gambier offers the perfect blend of convenience and country charm.
Mount Gambier CBD - 3 min (1.6km)
Blue Lake - 5 min (2.8km)
Mount Gambier Hospital - 6 min (3.3km)
The allotment:
Position, scale and exclusivity unite on North Terrace, where four elevated inner city allotments (all Torrens titled) deliver a rare opportunity for owner-occupiers, investors or developers alike.
Elevated above street level with sweeping city views and services in place, these blocks offer the perfect inner-city lifestyle with their close proximity to schools, sporting grounds, cafés and the vibrant retail heart of town.
Each individual block offers a blank canvas for a statement home or boutique investment.
With the flexibility to secure one allotment, a pair, or the complete collection of four titles, buyers can match ambition with scale.
Offering the potential for properties to be configured as either single or double-storey detached dwellings, stylish metropolitan townhouses or quality low-maintenance duplexes (either as a personal residence or part of a blue-chip investment property portfolio), there is unrivalled flexibility whilst still retaining the peace of mind and freedoms that come with Torrens title.
Allotments of this size and standard in such close proximity to the city-centre are few and far between.
For those keen to move quickly, several local builders have prepared preliminary plans and estimates for quality single storey dwellings which can be customised to your desired specifications and needs.
Demand for premium central properties continues to surge. This land release offers a combination of elevation, views, location, and flexibility. It is a unique foundation for those with vision to realise something special.
Additional Property Information:
Land Size: 503sqm
Council Rates: Approx $450 per quarter
RLA 291953