A rare development opportunity

EXPRESSIONS OF INTEREST BY 12PM FRIDAY 11TH MARCH 2022 (UNLESS SOLD PRIOR)
Ray White Mt Gambier are pleased to offer 32 Sycamore Road, Glenburnie for sale. This is a rare opportunity to purchase a significant parcel of residential zoned land of approximately 28.4 acres (11.50 hectares.) On the outskirts of Mount Gambier's city limits.
This unique opportunity is located close to the popular Blue Lake Sports Park, skate park and the spectacular Umpherston Cave. With schools, recreation, shopping and dining options all in close proximity, living on the edge of town has never looked better. With the bulk of the time and expense associated with planning and approvals process already complete, this property offers investors the chance to move quickly in realising the potential of a new subdivision/estate. The possibilities are endless and with the rental / sale market in the Limestone Coast accelerating, now is the time to realise the potential.
Entry to the property is via Sycamore Road where a sweeping driveway has been established that winds through the centre of the land. The proposed plans for the subdivision include;
Stage 1 - 10 rural living allotments (allotments approximately 3,000m2 each.)
*Stage 1 is already approved by council and ready for development.
Stage 2 - 44 residential allotments (allotment sizes varying from approximately 800m2 - 1,200m2 each.)
* Stage 2 allotments offer sewerage connections and are in the final stages of the formal approval process.
With land in Mount Gambier and surrounding areas highly sought after, this is an incredible opportunity to create an exciting new estate and capitalise on the high demand for vacant allotments.
The land has convenient access in and out of the rural city and is close to amenities offering country style living with all the benefits of the city. The plans for this development include housing and a nature reserve with ponds, making it perfect for creating a natural space suitable for families to enjoy. The expansive 28 acres makes the most of surrounding spaces reflecting what the Limestone Coast has to offer for those looking to buy property for living or investment.
Don't miss this rare chance to purchase prime development land. Speak to Tahlia and the team at Ray White Mt Gambier to explore the full potential and examine the impressive planning and work that is already underway. RLA 291953

Explore the area

School catchments

Melaleuca Park Primary School Primary R-6 Government 2.4km
Grant High School Secondary 7-12 Government 2.5km
St Martins Lutheran College Combined R-12 Independent 2.5km
McDonald Park School Primary R-6 Government 2.6km
OneSchool Global SA - Mount Gambier Campus Combined Independent 2.9km
Glenburnie Primary School Primary R-6 Government 3.9km
Reidy Park Primary School Primary R-6 Government 4.2km
Mount Gambier North Primary School Primary R-6 Government 4.4km
Mount Gambier High School Secondary 7-12 Government 4.9km
Yahl Primary School Primary R-6 Government 5.0km
Tenison Woods College Combined R-12 Catholic 5.8km
Mulga Street Primary School Primary R-6 Government 5.9km
Mil Lel Primary School Primary R-6 Government 6.0km
Suttontown Primary School Primary R-6 Government 6.1km
Moorak Primary School Primary R-6 Government 8.0km
Compton Primary School Primary R-6 Government 8.9km
Allendale East Area School Combined R-12 Government 21.0km
Millicent High School Secondary 7-12 Government 48.8km
Penola High School Secondary 7-12 Government 51.4km
Casterton Secondary College Secondary 7-12 Government 56.9km
Kangaroo Inn Area School Combined R-12 Government 75.1km
Heywood District Secondary College Secondary 7-12 Government 77.4km
Bayview College Secondary 7-12 Independent 89.1km
Portland Secondary College Secondary 7-12 Government 89.4km
Portland Secondary College-Victoria Parade Campus Secondary Government 89.5km
Sunrise Christian School Naracoorte Combined R-9 Independent 97.1km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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