Lot 50 Riverview Drive Paringa, SA 5340

Lot 50 Riverview Drive, Paringa

An exceptional opportunity awaits the astute developer or investor to secure a substantial parcel of prime residential development land in the growing Riverland community of Paringa.

Ideally positioned just across the bridge from Renmark, Paringa offers an enviable lifestyle with easy access to the Murray River, local amenities and shopping. Riverview Drive is a highly desirable location, making this an outstanding prospect for a future residential development.

Spanning approximately 4.9 hectares (49,000m² / 12.1 acres), this impressive landholding is zoned Rural Neighbourhood and presents significant subdivision potential (Subject to Council Consent).

Development Highlights
Total land area: 4.9 hectares (49,000m² / 12.1 acres)
Approximately 147 metres of frontage to Riverview Drive
Zoned Rural Neighbourhood
Minimum allotment size: 2,000m²
Minimum frontage: 20 metres
Potential to create approximately 22 residential allotments (STCC)
SA Water connection available
Power available at the front boundary

With recent taxation changes increasing the appeal of new residential developments, this site presents an attractive opportunity for developers, builders, project managers, and investors seeking their next project.

The success of nearby developments including Warrakoo Court and Duthie Court demonstrates the strong potential of this location. Held by the current owners for almost three decades, this is the first opportunity in many years to secure this outstanding development site.

Whether you're looking to develop immediately or land-bank for the future, Lot 50 Riverview Drive offers scale, location, and outstanding potential in one of the Riverland's growing residential areas.

For further information please contact Tania - 0407 970 916.

Note: Interested parties should make their own enquiries and obtain independent advice regarding planning, zoning, subdivision potential, services, and all other matters relating to the property. All development is subject to the necessary council and statutory approvals (STCC).

Disclaimer - Every precaution has been taken to establish the accuracy of the material herein. Prospective purchasers should not confine themselves to the contents but should make their own enquiries to satisfy themselves in all respects. Ray White Goolwa / Victor Harbor will not accept any responsibility should any details prove to be incomplete or incorrect. RLA298107