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2972 Federal Highway

Lake George NSW 2581

19 ha.
Land
Currently for sale - view listing

Overview

High exposure equals high potential income

This is a rare opportunity to acquire a 18HA parcel of RU1 land with highway frontage on both sides of the main road into Canberra. Located on the southern side of Lake George with easy access on and off the highway, this block is high visibility. The zoning allows for Extensive agriculture, home businesses and home occupancies. With council consent there are plenty of opportunities here - restaurants and cafes, caravan parks, community facilities, places of worship, rural industries, storage facilities and so much more. This property has an interesting history, it was previously the location of one of the areas first service stations, there was a 'motel', and a residence. The motel still exists in basic form and there is a large open fronted shed. Some beautiful stone walls are in place, these were said to be the work of some of the workers from the Snowy Hydro project who stayed in the hotel in the 1950s. Being located in such proximity to the federal highway, the property currently holds three commercial income producing business identification signs. There is access on the eastern side of the highway, its straight off the highway, so is cement and tar, making it easy for trucks to access. Key features include: • RU1 Primary production • 4 parcels of land divided by the Federal Highway and Grove Road • 7 dams, including one which is spring fed • Approx. 100,000 litre rainwater storage • Approx 11.5 megalitres of water onsite • 3 Phase power to the block • Existing commercial income from signage (currently 3 signs) • 883 metres of highway frontage on the eastern side, 440m and 533m of frontage on the western side • Rates for the four parcels are $2,912.86 per annum Please note that this property comprises 4 parcels of land and that a portion of land on the northern part of the property is under Yass Valley Council LGA and the remainder under Queanbeyan-Palerang Council LGA. The block is 18 HA (44.6 acres total with 17 acres on the west side and 27.4 approx on the eastern side of the highway). The block is gently undulating, fully fenced and has 7 dams including an approximately 22m deep spring fed dam. DISCLAIMER. We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.

Features

19 ha. lot size
Land

Happy sellers in Lake George

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Local market activity for land plots in Lake George

In the last 12 months, 2 land plots similar to 2972 Federal Highway, have been sold.

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