Current Bid $1.8M – and only 1 day to go

The Openn Negotiation has started. (Openn negotiation is an auction that is conducted online and allows flexible terms for qualified buyers).

https://www.openn.com.au/app/view/br7g3ptm7uug18gifmfg

The final bidding stage is taking place on Thursday the 16th of July at 2:00pm.

So contact Rod on 0477 773 960 immediately to avoid disappointment.
Are you looking for a Goldmine – an opportunity of a lifetime?

Welcome to 92 Mountain Rd Halloran.
One hr north of Sydney, 3 minutes off the freeway, 10 minutes from Tuggerah Lakes and Shopping centres and 20 from ocean beaches.

Comprising 25 pastured level acres, two houses and two dams.
The options are endless, rent one, live in one and share with a family member or rent both. Importantly both have quality tenants returning immediate income.
Current rental: Total $870PW (3 bed home @ $450PW and 2 bed home @ $420PW)

Enjoy an incredible rural lifestyle: grow your own veges, room for the dogs and horses, fresh eggs from free-range chooks. There’s even a Motocross track that just needs some light grading.

Become self-sustainable and have your very own safe haven, holiday home, investment property…….. knowing you have an incredible opportunity which will only increase in value as demand for commercial land becomes even more scarce.
The opportunities are endless.

Here’s the Gold mine:
Previously a development control plan was in place, meaning nothing could be done on this property to reap full capitalization.

6 months ago this development control plan was removed allowing an incredible opportunity to develop immediately.
92 Mountain Road has been recently re-zoned as IN1 industrial land unlocking the true value giving you an incredible opportunity to develop or hold as a land bank.
With industrial land on the coast being scarce and improved land selling at around $250 per sqm you can do the numbers and see the return potential.
Large parcels of industrial land of this size and calibre are extremely rare.

Whatever you do , don’t miss out on this opportunity of a lifetime.

There are water services 500 m down the road from Bunnings Trade Centre with a cost of about 100,00 to 150,000 to bring water from the site. Sewer needs to come from Sparks Road, preferred suggestion would be to build a commercial Enviro cycle to cover the sewer needs if development was something to be looked at immediately, or wait for surrounding properties to start and reap the benefits.

17 acres is IN1 zoned, 8 acres at the rear western boundary is E3 zoned

Inspections: to be arranged by appointment

Disclaimer: All information about the property has been provided to Ray White Terrigal by third parties. Ray White Terrigal has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property. We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.