Land/Development for Sale, THE HILLS GRANDVIEW ESTATE Marys Mount Road, Southern Tablelands, 2580

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For Sale - Land/Development

APPROVED RESIDENTIAL LAND SUBDIVISION

Highlights

Approved Residential Land Subdivision
Potential for 307 lots
Low Vacancy Rate of only 0.71%

Overview

CBRE as exclusive agents are delighted to offer this approved residential land subdivision to market. The site offers developers an opportunity to capitalise on a growth region with a high demand and undersupply of housing lots. Several lots have already been pre-sold with an average price above $260,000 per lot. Key development highlights: - Stage 1 approval for 205 residential lots with further potential to expand to 307 lots (STCA) - Several pre-sales secured with an average sale price above $260,000* per lot - Flexible R2 Low Density Residential & RU6 zoning - Strong market fundamentals – extremely low residential vacancy rate of 0.71% - Large site of 41.24 hectares (102 acres) - Dual street access to Marys Mount Road & Middle Arm Road - To be sold together or separately with rural land holding at Biala - 113.6 hectares (280 acres) The Hills Grandview Estate in conjunction with Sapphire Road, Biala will be sold by way of Expression of Interest. The sales process will close Wednesday, 3 March 2021 by 4PM. Offers are to be submitted via email to the exclusive agents at CBRE. Xavier Rahme [email protected] Nicholas Heaton [email protected]

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