The Hunter Expressway has provided a catalyst for growth and will open up new urban release areas, such as Avery's Village, through improved access to major centres and employment nodes.
242 Averys Lane, Buchanan currently offers a quaint rural setting, however, as residential and employment demand grows in Newcastle, Lake Macquarie and the Hunter Valley this property stands to be developed into a substantial residential subdivision.
-Opportunity - 39.25 hectares approx (97 acres approx) of development land, zoned R2 Residential and E2 Environmental under Cessnock City Council LEP 2011
-Improved - Three to four bedroom brick home + three bedroom hardiplank home established on the property (currently leased); property fenced into seven paddocks and watered by 1 large spring fed dam
-Location - Since the opening of the Hunter Expressway Buchanan is only 30km approx from Newcastle CBD and travel times to Sydney and the mining communities in the Hunter Valley have been dramatically reduced
-Potential - Part of the Avery's Village urban release area, part property zoned for residential use with minimum developed lot sizes of 450sqm. Concept Plan for approximately 130-140 lots.
