ATTENTION DEVELOPERS, OR ACREAGE LOVERS

Located just on the edge of Logan Reserve, in Chambers Flat, this pocket area is being intensively developed since recently, and subdivision is happening just a few metres away.

Though the land is eye marked for subdivision, nothing stops you from living in the existing house of 5 bed/2baths plus ample shed areas, where you can have your horses just on your door steps, your veggies and the chicken for your morning fresh eggs.

The land has a beautiful small dam, with the water coming directly from an in-ground spring. This is very clean water, ideal for your animals and your plantation; you will never suffer of any drought.

If council in the very near future allows subdivision of this property, this is a possible scenario of subdivision (of course this is subject to Council approval):

18,630m2 less 20% for roads access etc = 14,904m2 of useable land.

An excellent size of block in this area is 420m2, being presently sold at $220,000. So lets divide 14,904 by 420m2 block = 35 blocks of 420m2.

Presently, price of 420m2 block is $200,000+GST, so for 35 blocks, this brings a total turnover of $7,000,000+GST.

For more information, or for an inspection, please do not hesitate to contact us.

Disclaimer: The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Any information of special interest should be obtained through independent verification.