15.61hectares / 38.55 acres of mountain top position with truly Spectacular Ocean & coastal views over Hearnes Lake, Woolgoolga to Safety Beach & beyond. So close to the ocean, but yet with such mountainous elevation, this property offers diversity beyond the expected splendid views. A communications tower established upon the property has had the lease capitalised by the current owners & a second communications tower is now completed and provides an income stream of $18,000 per annum, indexed. A rock quarry is established to the south of this property & future rock quarry deposits on this property may become a viable option of further future income stream prospects. Current access is from Greys Road, up a steep gravel road, requiring 4WD, however the current owners have secured and registered a widened legal easement off Morgan's Road, from the south, offering considerably easier access onto the block with trucks & building materials. The magnificent north east view, with such elevation, so close to the ocean, cannot be replaced or reproduced elsewhere & once sold is likely to be retained within a family, & remain held for a long time.
$497,500
15.61ha/ 38.55 acres Mountain Top position
Magnificent NE aspect views - Hearnes Lake, Woolgoolga, Safety Beach & beyond
New communications tower now complete - income stream $17K pa indexed
Future rock quarry deposits - income stream prospects from quarry to the south
Home site options range over from your choice over this property - choose the best aspect
