Large area of 122ha (309 acres) close to Wallabi Point and Old Bar beaches/villages and adjoining an industrial and rural/residential subdivision on its northern boundary. The land is gently undulating and predominantly covered with a dry sclerophyll forest which suggests that the site has a history of select clearing and forestry and appears to have regrowth in parts. PDA Planning has prepared a proposed 3 x 40ha plus subdivision and bushfire hazard assessment report.
The highest and best use would appear to be to complete the 3 x 40ha lot subdivision at low cost, reserving Lot 1 (adjoining rural/residential and industrial lands) for a rezoning proposal to MidCoast Council.
Agent?s comments: Rarely does a large acreage of this size and potential so close to the ocean become available, and the property is priced for a quick sale.
Contact Bob for further information on 0408 653 989