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Overview
This substantial land parcel of 2,772 square metres offers significant development potential on a prominent suburban main street frontage in McLaren Vale. With a wide 33.22-metre frontage on Main Road, it commands high visibility and direct access, making it ideal for commercial or mixed-use development.
Zoned as SMS (Suburban Main Street), the site is positioned directly opposite McLaren Vale Central Shopping Centre, which houses key grocery and speciality retailers. This prime location ensures excellent exposure to local residents and passing traffic, supporting a broad range of commercial activities.
There is an ongoing code amendment review allowing for multi-level developments, enhancing the site’s value proposition. Situated within the City of Onkaparinga’s Car Parking Fund boundary, developers benefit from the ability to offset shortfalls in on-site car parking through this fund, facilitating more flexible planning and design opportunities.
The property appeals to developers looking to capitalize on McLaren Vale and the Fleurieu Peninsula's renowned tourism market and the forecasted population growth in surrounding residential catchments. This location offers a unique combination of accessibility, local amenity, and regulatory incentives that together create an attractive foundation for visionary development projects.
Local Market Insights
In Adelaide - South, Quiet Listings observed 16 new parcels of land entering the market over the last 30 days, unchanged from 16 in the prior period, with an average advertised asking price of $729,000. The property type mix of listed properties is predominantly Houses at 79%, followed by units (10%), and land (5%). The most active agency for land in the Adelaide - South area is currently Magain Real Estate, representing 31% of new listings, followed by Harcourts with 25%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Mclaren Vale SA 5171
Market Insights for Mclaren Vale SA 5171
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