29 Orara Street Grafton NSW 2460
Sold $750,000
- Property Type Residential Block
- Land area approx 4223sqm
- Region Northern Rivers
- Council Rates 3700/year
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Find the best lender and package to suit your needs.
Rare Vacant Land Offering Development Opportunities
Vacant allotments of this size & location rarely exist in today's market. Our seller has instructed us to bring a result, meaning the 1st of June is your day to secure what is one of Grafton's last flood free development and owner occupier opportunities of such expansive proportions. Please ensure you make your interest known, as there will be no second chances here.
With a natural land height of over 7 meters, the approximate 4,223m2 block is above the 1-100 year flood height, allowing those looking to build here the ability to build flat on the ground, something other blocks of this size in Grafton simply are not able to offer.
Land releases along with house and land packages are being pushed further out of town, showing that the demand for new low-set housing is increasing. Subject to the relevant approvals, this block provides an irreplaceable opportunity for developers wishing to capitalise on the growing demand for low-set housing. Whether it be units, a gated community or subdivision into smaller allotments, the options for profit here are clear and endless.
Concept plans have been drawn for the following;
Unit Development of 12 Units
Gated Estate of 7 Houses
Gated Estate of 8 Houses
Plans for each of the above can be provided upon request.
Notable features include:
Block size 4,223m2
Land Height Approx. 7 meters
R1 General Residential Zoning
Cleared & level flood free allotment ready for construction
Block Width - Approx. 60m
Block Depth - Approx. 58m (excluding handle)
Street Frontage - Approx. 17m
Please ensure that this opportunity is not missed. If this property works for your plans, whatever they may be, this is a property you simply cannot afford to miss. Please contact Benny Holder on 0491 616 380 to declare your interest and to book your inspection.
Benny Holder Licence No. 20312246
DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.
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