32 Peregrine Drive, Marion Bay SA 5575

Large coastal lot | Bushfire overlay | No build time limit | Underground power | 4G coverage only This vacant residential land presents a clear opportunity for a patient buyer seeking a large, serviced coastal plot without construction pressure. Its competitive strength lies in the rare combination of full urban services—footpaths, lighting, and underground power—on a half-hectare parcel in a serene, established community near Marion Bay. The absence of a build deadline is a significant advantage, making it best suited for a long-term land bank or a future retirement build, capitalizing on the area’s picturesque setting and charm. The primary risk mechanism is the bushfire overlay, which will impose specific construction costs and design constraints, directly impacting build budgets. The lack of recent, directly comparable vacant land sales in the data introduces pricing uncertainty against the listed range. Proceed with a value-focused offer, treating this as a long-term hold for future development, not an immediate asset. Secure a detailed bushfire attack level assessment before purchase to quantify risk.