A Mannum resident will soon call Murray Bridge home as the first person to buy a block of land in the residential development at the old racecourse.
Nine allotments at Newbridge have been sold since the development's launch in September, with up to 350 blocks available on the 45-hectare land parcel on the corner of Maurice and Mulgundawah roads which used to be the Murray Bridge Racing Club's home.
There are 37 allotments available in the first stage of the development, and Julie Egmanis was the first to sign a contract.
Ms Egmanis said she had been keen to buy land in Murray Bridge.
"I am excited to continue this journey through to the construction of my new home," she said.
Burke and Burke Property's Olivia Burke said various projects and job prospects in the region's immediate future made it a great time to buy land in Murray Bridge.
"Newbridge has been ten years in the making and this level of interest in the launch period gives great confidence to the Murray Bridge community about the growth of the town," she said.
The $50 million development will also see the Murray Bridge Golf Club, situated next door, upgraded to a par-71 championship course.
The development plans feature two new fairways for the club's course, plus a tree-lined walking trail.
Land prices at Newbridge range from $85,000 to $169,000.