Opportunities of this scale are incredibly rare.
Welcome to 100 Edinburgh Drive, Taree-one of the last substantial undeveloped landholdings in highly sought-after Taree West, offering exceptional development potential.
Positioned just two minutes from Manning Base Hospital and only moments from schools, shopping centres and essential services, this remarkable property is ideally located for a future residential development.
The site offers a range of features that developers are searching for. Mains sewer, town water and power already run through the property, while the property's layout provides the potential for multiple access points, creating greater flexibility when planning a future subdivision (STCA).
Preliminary subdivision concepts prepared in 2001 indicate the potential for approximately 25 residential lots as large as 3371sqm (STCA). With modern planning trends favouring smaller lot sizes, there may be scope to achieve an even greater yield, with the property being assessed for as many as 35 blocks subject to council approval and detailed design.
Adding immediate value, the property generates multiple income streams while future plans are explored. Two existing villas are currently returning approximately $500 per week each in rental income, while the balance of the land is leased for grazing, supporting approximately 35 head of cattle.
Property Highlights:
One of the last major undeveloped landholdings in Taree West.
Flood-free development land.
Approximately two minutes to Manning Base Hospital.
Mains sewer, town water and power already available through the property.
Potential for multiple access points, offering flexibility for future subdivision design (STCA).
Preliminary subdivision concepts indicating potential for approximately 34 residential lots (STCA).
Opportunity to increase lot yield through revised designs, subject to council approval.
Two existing villas returning approximately $500 per week each.
Grazing lease currently supporting approximately 35 head of cattle, providing additional holding income.
Outstanding investment, land banking and development opportunity.
Development opportunities of this calibre are becoming increasingly scarce. With existing infrastructure, multiple income streams, development flexibility, and one of Taree West's last significant flood-free landholdings, 100 Edinburgh Drive presents an exceptional opportunity to secure a landmark development site.
Enquire today to arrange your private inspection and explore the outstanding potential of 100 Edinburgh Drive, Taree.
Disclaimer: Information has been sourced using third parties. As the representing agency, we do not guarantee accuracy, accept no liability, and advise interested parties to conduct their own investigations. Images are indicative only.
