Lot 118-121 & Lot 87 Almond Street, DENMAN NSW 2328
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- 22 Sep 2016
Upper Hunter Valley Land Development Opportunity
The Property provides an excellent opportunity for a developer or investor alike to purchase an outstanding development property comprising five adjoining lots, totaling 97.123 hectares. Preferred Concept Plan for the site comprising proposed yield of 155 rural residential allotments ranging in size from approximately 750sqm to 4.8 hectares plus the residual Lot 87 being 32.37 hectares.
Ideal for residential land developers having the flexibility to develop stages to meet market demand.
The Property is zoned part RU5 Village and part RU1 Primary Production under the Muswellbrook Local Environmental Plan 2009.
The Property offers the following attributes;
-Unique opportunity to capitalise on a well located rural residential development site in the heart of the Upper Hunter Valley, NSW;
-Easy access from the Golden Highway to immediate and surrounding mining communities;
-Site area totaling 97.123 hectares approximately;
-Large development site with minimal vegetation throughout;
-Concept plan providing proposed yield of 155 lots ranging from 750sqm to 4.8 hectares;
-Lot 87 (32.37 hectares) Zoned RU1 Primary Production;
-Second Concept Plan providing proposed yield of 360 residential lots averaging 1,000sqm;
-Ideal for residential land developers having the flexibility to develop rural residential & residential lots in the one estate;
-Denman is a rapidly expanding area with a high average income per household and offers a strong owner occupier and investment market.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
Lot 118-121 & Lot 87 Almond Street...