- 4.377ha* Land Parcel
- Suburban Activity Centre Zone
- Adj Dominant Mt Gambier Marketplace

Key 2 Sale & Savills are proud to present 154-180 Penola Road, Mount Gambier; Mount Gambier’s largest and most significant mixed-use infill development site.

The 4.377* hectare landholding of rare scale services approximately 30,000 residents, and a broader Limestone Coast population of ~70,000 residents, adjoining Mount Gambier marketplace – a Woolworths and Big W anchored neighbourhood shopping centre, plus Bunnings, KFC, and EG Ampol Fuel.

Key Highlights Include:
- Major 4.377 hectare* landholding in a high-profile destination location
- Flexible Suburban Activity Centre Zoning allowing for a multitude of development outcomes
- Established retail precinct adjoining destination retail centre Mount Gambier Marketplace, plus Bunnings Mount Gambier, KFC and EG Ampol Fuel.
- Poised to benefit from a strong core trade area, growing population and catchment
- Limestone Coast projected to reach 86,500 residents by 2051, an uplift of 18,000 people, requiring 8,500 homes. Mount Gambier is expected to accommodate 57% of the growth and 70% of the housing demand^
- Once in a generation opportunity to acquire a strategic site with scale and potential

154-180 Penola Road, Mount Gambier is offered For Sale by Expression of Interest closing Wednesday 15th April 2026 at 4pm.

*Approx.
^Population Sources: Limestone Coast Regional Plan & Profile ID

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property’s land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. Please read the Consumer and Business Services Form R7 http://www.cbs.sa.gov.au/assets/files/form_r7_warning_notice.pdf in reference to any financial or investment advice contained within this communication. Liability limited by a scheme approved under Professional Standards Legislation.