MONTEFIORES – Wellington (NSW Country) “D.A. Approved Englobo Subdivision for 29 + residential lots” and ready to go. *WHAT’S IT WORTH?* All genuine offers considered for this unique property that’s also suitable for numerous other possible uses and located in the most desirable location in town. The proposed development – * 701m2 to 1,338m2 * Average proposed lot is 829.10m2 * 35,000m2 / 3.5 hectares / 8.648 acres in total * All services are there * Fairly level * No tree problems * Estimate resale average at least $90,000 a lot, but more likely $100,000 plus each on average * Estimate development costs are about $26,000 a lot * Section 94 contributions are about $5,000 per site * Where’s Montefiores – Wellington? North of Orange, West of Mudgee and South of Dubbo. I figure, there may be AROUND 50% PROFIT FACTOR on total realization. * Copy of D.A. and plans are available and can be emailed rather promptly if you have some interest * It’s a reluctant forced sale and the Vendors are very keen to consider any genuine offer * Valuation report and assessment of value dated 23rd May 2007 is also available if it helps. NOW ON FOR $600,000.00 AND STILL SOME ROOM TO MOVE.

Enquiries are best directed to Terry Hansen of the St Marys and Plumpton Professionals Real Estate on 02 9673 4422 or 0418 245 683. Email:- terry.hansen@bigpond.com.au