150 and 162 Wollombi Road, Farley are two adjoining landholdings totalling approximately 5.24 hectares, zoned R1 General Residential under the Maitland Local Environmental Plan 2011 and sitting within the Farley Urban Release Area. Englobo Australia offers them for sale in one line, for the first time.
The pathway proven next door
What sets this land apart is what has already happened beside it. The adjoining 2.08 hectares at 176 Wollombi Road holds development consent in place for 29 residential lots, with a signed state planning agreement, Roads Act approval and a Hunter Water servicing deed behind it. That is the template the same zoning, the same road, the same servicing authority and it points to roughly 75 conventional lots across the subject holding, or well over 100 under a small-lot product. No development consent applies to the subject land and purchasers are to make their own enquiries; what they inherit is a de-risked pathway on the same stretch of road.
Access built for it
Wollombi Road between Green Street and Owlpen Lane has been reconstructed. A concept design for the Owlpen Lane roundabout places it at the 162 Wollombi Road frontage, with provision for a leg into the northern side of the road. This holding is the front door to the next stage of the Farley release area. Advice that Farley's projected growth will require a local centre to support future residents, and the R1 zone itself provides, with consent, for centre-based child care and neighbourhood shops day-to-day uses that suit a roundabout frontage.
The land
Three lots across two titles: 150 Wollombi Road (Lot 1 DP998141 and Lot 1 DP790534, approximately 3.21 ha) and 162 Wollombi Road (Lot 221 DP621879, approximately 2.03 ha). Combined frontage to Wollombi Road, gently falling topography and a regular overall shape lend themselves to an efficient subdivision layout. Reticulated water and sewer are available in the locality.
Location
Farley sits at the western edge of Maitland, one of the fastest-growing local government areas in New
South Wales. Rutherford's shopping and services are minutes away, Maitland's CBD and hospital precinct
within ten minutes, and the Hunter Expressway connects to Newcastle and the wider Hunter. The Farley
Urban Release Area is planned for approximately 2,000 dwellings and remains well short of that number
- demand for zoned, serviceable land in this corridor continues to outstrip supply.
Method of sale
For sale by private treaty. The properties are offered as one combined holding
and offers on the whole will be preferred. A data room including title, planning and servicing information is available to qualified parties on request.
Contact
Robert Bowman, Director, Englobo Australia - +61 417 173 103 - robert@engloboau.com.au
