$415,000
4-6 Rowan Avenue, Uralla NSW 2358
House
524
Block size: 2832 m² approx.
WHAT POTENTIAL!
An exceptional opportunity for a developer to acquire a DA approved site for a four lot subdivision (2 x 640sqm and 2 x 770 sqm blocks).
The site is nice and level and has a preferred uniform rectangular shape. It comprises two adjoining lots with street frontages to both Rowan Avenue and Marsh Lane. The property has a total site area of approximately 2832 square metres. It is zoned R1- General Residential.
Two of the proposed four lots have existing dwellings and are therefore already connected to power, water and sewer mains. Both of the existing dwellings enjoy a north-facing aspect (both are currently leased). Number 4 is a two bedroom weatherboard cottage with a single garage returning $185 per week rent. Number 6 is a comfortable three bedroom residence with a double lock-up garage returning $239 per week rent. Both of the existing dwellings present an opportunity for further development.
The site enjoys an enviable position
a 550 metre stroll to the Uralla Golf Club an 18 hole, 70 par course with bar and restaurant facilities
a 550 metre stroll to the Uralla Sporting Complex cricket, basketball, netball, soccer, football facilities etc
Approximate 740 metres from the New England Highway
2 kms from the Uralla Central School
2.2 kms from the Uralla CBD with its fabulous array of pubs, cafes and boutique stores
An easy 14 minute drive to the Armidale Regional airport
A 20 minute drive to Armidale (shopping, public and private hospitals, University etc)
The Development Application was approved 27/06/2017 and lapses on the 27/06/2021 providing a great opportunity to acquire an excellent parcel of land now, prepare for a future development and receive cashflow from rental income in the interim.
It is worth noting that the Uralla property market is currently experiencing average rental yields of 5.9% (source: realestate.com.au - https://goo.gl/UvNXxm)
The site is nice and level and has a preferred uniform rectangular shape. It comprises two adjoining lots with street frontages to both Rowan Avenue and Marsh Lane. The property has a total site area of approximately 2832 square metres. It is zoned R1- General Residential.
Two of the proposed four lots have existing dwellings and are therefore already connected to power, water and sewer mains. Both of the existing dwellings enjoy a north-facing aspect (both are currently leased). Number 4 is a two bedroom weatherboard cottage with a single garage returning $185 per week rent. Number 6 is a comfortable three bedroom residence with a double lock-up garage returning $239 per week rent. Both of the existing dwellings present an opportunity for further development.
The site enjoys an enviable position
a 550 metre stroll to the Uralla Golf Club an 18 hole, 70 par course with bar and restaurant facilities
a 550 metre stroll to the Uralla Sporting Complex cricket, basketball, netball, soccer, football facilities etc
Approximate 740 metres from the New England Highway
2 kms from the Uralla Central School
2.2 kms from the Uralla CBD with its fabulous array of pubs, cafes and boutique stores
An easy 14 minute drive to the Armidale Regional airport
A 20 minute drive to Armidale (shopping, public and private hospitals, University etc)
The Development Application was approved 27/06/2017 and lapses on the 27/06/2021 providing a great opportunity to acquire an excellent parcel of land now, prepare for a future development and receive cashflow from rental income in the interim.
It is worth noting that the Uralla property market is currently experiencing average rental yields of 5.9% (source: realestate.com.au - https://goo.gl/UvNXxm)
Features
- Heating
Inspections
No open inspections scheduled.
Send an enquiry
Contact Susan Moore to learn more about this property, request an inspection or take an online tour.
Property walkthrough
Key details
Bedrooms:
5
Bathrooms:
2
Garage Spaces:
4
Property type:
House
Block Size:
2832 m²*
Other Details
Lot:
5
Section:
B
Plan Type:
DP
Plan:
6763
Legal description:
5/B/6763
Maps and area information
Block information
Block size: 2832m² (approx)
Legal description: 5/B/6763
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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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.
26 Feb 2021
Sold
Northern Tablelands Property
$225,000
Contract: 02/02/2021
Transfer: 26/02/2021
Listed: 05/02/2021
Block size: 1416m²
Transfer type: Full transfer
Purpose: Residence
Uralla suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
48 years
Population
2,728
Listing ID: 174592252. This listing has been viewed 762 times. It was first displayed on 14/11/2017 and last updated on 08/01/2018.
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.