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370 Old Bundarra Road

Inverell NSW 2360

14.27 ha.
Land
Currently for sale - view listing

Overview

35ACRES WITH DEVELOPMENT POTENTIAL

Set on the edge of town, this 14.27ha (35ac) property presents an exciting opportunity for developers, investors and land bankers alike. Located just 4km from the CBD, the property combines the convenience of a near-town position with the space and appeal of a rural setting. The gently rolling landscape features quality black basalt soils and enjoys an attractive outlook across the surrounding countryside. A key feature of the property is the existing Development Approval for subdivision into 12 x 1ha blocks. With increasing demand for lifestyle properties on the edge of town, the groundwork has already been laid for a future development project. Whether your plans involve developing now, holding for the future, or securing a sizeable acreage in a sought-after location, this is a property that offers flexibility and potential in equal measure. Property Highlights: - 14.27ha (35 acres) - Approx. 4km to the CBD - Undulating topography - Productive black basalt soils - DA approved for 12 x 1ha lots - Power available - Town services available - Land rates: $630 per quarter - Outstanding development and investment opportunity - Highly desirable edge-of-town location A rare chance to secure a substantial parcel of land with approved subdivision potential and a location that continues to grow in demand. Disclaimer: We have obtained all information in this document from sources we believe to be reliable. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries. Property Code: 1428

Features

14.27 ha. lot size
Land

Property history for 370 Old Bundarra Road

2023
Sold
$430,000
27 Apr 2023 by Wally Duff, of RDR Real Estate

Happy sellers in Inverell

100%
100% of sellers in Inverell reported that their sale price either exceeded or met their price expectations.

Inverell stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Inverell over the last 12 months.

Local market activity for land plots in Inverell

In the last 12 months, 21 land plots similar to 370 Old Bundarra Road, have been sold.

This represents a 90% decrease in land plots sales when compared to the previous 12 months.

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