A wonderful opportunity to take advantage of Tamworth's continued growth. Situated on the favoured Northern side, offering a natural outlook to the hills and only a 10 minute drive to the CBD of Tamworth.
Conveniently located close to the location for the approved new shopping centre, parks and schools and North Gate Shopping Centre only a short drive away.
Gently undulating, this 8.29ha of land offers an opportunity to either build on, develop, land bank for the future or a combination of any of these options. The property has 3 zonings: appox 2.96 ha R1, plus a small section of Environmental and the balance is RU4.
60m2 is leased for an NBN tower with all power lines underground. This area runs along the left hand side boundary. The lease provides an income of $13,000 per annum with a yearly CPI increase. There is also the opportunity to sell the lease which currently runs until 2033.
For more information or to inspect the property please contact Vicki Cooper on 0412 802 215 or vicki@propertycotam.com.au
