Under Offer 21/03/2024
$850,000
agency logo

4207 Murringo Road, Young NSW 2594

House
43
Block size: 6.35 Hectares approx.

2 Houses on 15.7 Subdividable Acres with $680pw Rental Income

This incredibly rare offering presents a unique opportunity for buyers in our lucrative lifestyle market.
Potential to subdivide the 2 dwellings/improvements off and retain the third 2ha (4.9ac) to build STCA.
It's all permitted under its RU4 Rural Small Holdings zoning which carries a minimum land area of 2ha.
Notably, both properties have fresh water storage tanks and House 2 has a windmill bores & dam.
Its total land area is approx. 15.72 acres in one exiting parcel with NO proposed plan of subdivision

House 1 - 4207 Murringo Road
Small, 1 bedroom 1 bathroom fibro cottage on the corner of Murringo & Telegraph Roads
Sale subject to existing tenancy currently - new 12 month lease returning $220pw expiring 15/12/2024
Very basic investment, that's always enjoyed low vacancy with carport & garden shed.

House 2 - 151 Telegraph Road
Deceptive 3 bedroom, 2 bathroom predominantly brick home with potential to renovate & improve. Suprising inside and presents well considering its long rental history. New 6 month lease in place at $460pw expiring 19/04/2024. Unsealed road frontage and access off Telegraph Road at the rear of the property. Improvments include detached laundry outer building, single garage and sunstantial old, but good shedding.

Land banked for more than 23 years, its owner has decided to divest and make it seriously attractive.
Astute property investors this is a 'no brainer', so be quick to seize this opportunity to captitalise!

Please Note: Whilst all care has been taken by Ray White Young to ensure accuracy in preparation of the particulars herein, no warranty or representation, express or implied, as to the accuracy or completeness of the particulars provided is made or given by us and interested parties must therefore rely on their own enquiries. Liability for any error, omission, negligence or misrepresentation is hereby excluded.




Inspections

No open inspections scheduled.

Send an enquiry

Contact David Coombes to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
4
Bathrooms:
3
Property type:
House
Block Size:
6.35 Hectares*

Other Details

Lot:
1221
Plan Type:
DP
Plan:
754611
Legal description:
1221/754611
Ray White Young

Maps and area information

Block information
Block size: 6.35Hectares (approx)
Legal description: 1221/754611
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
Sorry, overlays are not available for this address
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
25 May 2023
Sold
$395,000
Contract: 23/05/2023
Transfer: 25/05/2023
Block size: 69980m²
Transfer type: Full transfer
Purpose: Vacant land

Young suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
44 years
Population
10,610
Listing ID: 181962483. This listing has been viewed 210 times. It was first displayed on 28/09/2023 and last updated on 21/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.