A 21.33 hectare landholding at Murray Bridge has been placed on the market, with potential to support large-scale residential growth in the region.
The site at 123 Ridge Road is opposite Unity College and close to the riverfront. It is currently zoned Rural Neighbourhood, but listing agents JLL say the site could accommodate residential development as it neighbours a Suburban Neighbourhood zone next door.
Murray Bridge has been earmarked as a key growth hub in the Greater Adelaide Regional Plan, with the population forecast to increase by almost 70 per cent by 2041.
The Rural City is already seeing major infrastructure investment, including the $34 million riverfront redevelopment, the $46 million refurbishment of the Old Murray Bridge and the new $40 million Monarto Safari Resort.
The listing follows significant land releases across the region, including the multi-billion-dollar Gifford Hill precinct, which has been described as a “second city” for South Australia. That project is expected to deliver more than 17,000 homes as part of a long-term transformation of the Murraylands.