2 Pridmore Terrace
Mount Barker, SA 5251

Overview

2 Pridmore Terrace, Mount Barker

This property at 2 Pridmore Terrace, Mount Barker, presents a prime opportunity in a highly sought-after location. It is a rare, high-profile corner allotment situated on the main entry corridor to one of Australia's fastest growing regional centres. The substantial landholding spans 2,857 square meters and benefits from dual street frontages to Adelaide Road, approximately 42.52 meters, and Pridmore Terrace, approximately 70.1 meters.

Opportunities of this scale and prominence so close to Mount Barker's thriving town centre are extremely rare. The area is experiencing rapid population growth, expanding infrastructure, and strong commercial demand, making this property one of the region's most compelling development prospects.

The property is currently leased to a residential tenant at $625 per week, providing a secure holding income of $32,500 per annum while development plans are considered and progressed.

Key features of the property include:

• A large 2,857 square meter allotment
• Prominent dual frontage to Adelaide Road and Pridmore Terrace
• Existing residential tenancy in place
• Zoned as Neighbourhood, suitable for a wide range of uses subject to council consent
• Strategically positioned at the entry to Mount Barker's town centre with exceptional passing traffic
• Direct access to the South Eastern Freeway and major transport routes

This property offers a unique combination of size, location, and development potential in a rapidly growing regional centre. It is ideal for investors or developers looking to capitalize on Mount Barker's expanding market and infrastructure.

Interested parties should conduct their own enquiries and obtain legal advice to verify all information, including land size, building condition, and zoning. The property is offered with the benefit of a secure income stream and significant future development opportunities.

Location