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An Extremely Large and Rare Acreage with Future Development Potential (STCA)

  • property photo
  • property photo
  • property photo
  • property photo

Description

An extremely rare and exciting opportunity is on offer here as we bring this beautiful 144 acre (approx) parcel of land to the market.
This property provides its new owners with the opportunity for potential subdivision (STCA) as it is the last remaining parcel of land of its type which is surrounded by established subdivisions and is ear marked by the council in its strategic plan for rezoning to rural residential. A truly beautiful setting, the block is a mixture of bush, pastures and sparse wooden trees with some parts of the block providing stunning views.
Access is off Annies Lane, however there is a second access point at the end of Bush Haven Drive.
A power easement runs through part of the block as does a water easement making it easy to hook up to services for any future subdivision (STCA).
Not only will this fantastic block provide its new owners with the opportunity to develop & profit in the future (STCA), it is already a great investment as it's currently returning approx $52,500 per year through the lease of 3 communication towers. The leases on these towers increase between 3% & 4% per year!!
Offered for sale to the general public for the first time in approx 50 years, this sensational property is sure to attract plenty of interest.
Call the listing agent Leigh Jordan today for more information.

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