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2 Licensed Quarries on 1,300 Acres Generating Excellent Income

GLENREAGH NSW 2450 AUS
$1,600,000

Description

Located just north of Glenreagh, approximately halfway between Grafton and Coffs Harbour, is this amazing parcel of pristine bushland with 2 licensed quarries.

The two quarries, with recently extended permits are high grade loose white and red sand deposits, with low sediment levels, and a huge untapped resource of Quartz Arenite. The permits are both generous and long term.

Some 100,000 tonnes per year of sand, gravel, road base, sandstone blocks, drainage metal, ironstone and bush rock gets extracted, plus there are a number of existing stockpiles of existing material. The options are yours to consider what you might do – quarry, subdivide or just hideaway in your own huge paradise.

With an extensive network of roads within the property, together with a minimum lot size of 40 hectares, this property can be subdivided providing the owner with the option of either enjoying 1,300 acres of bush paradise, getting income from the operating quarries or capitalising on the subdivision potential, or alternatively all three options.

There are so many incredible building sites to view the amazing mountain scenery while being surrounded by native grass trees, foxtail ferns and huge moss covered bush rocks. This place is a landscape gardeners paradise.

This property is simply quite amazing. The views of the escarpment and valley are fantastic and there is a creek running through the property.

1,300 acres with established quarries with current income and subdivision potential just waiting for a new owner!

For more information on this unique opportunity, please call Peter on 0413 111 621 or Michael on 0437 414 022 anytime.

Approved DA for gravel and sand quarries
Both quarries have recently renewed permits for 25 years
Substantial income from quarries
Incredible 1,300 acres
Extraordinary house sites
Extensive network of roads
Halfway between Coffs Harbour and Grafton
Minimum lot size of 40 hectares, allowing for subdivision
Amazing escarpment, mountain and valley views
Running creek for water
Bushrock, foxtail ferns and grass trees in abundance
Unique and simply stunning
Fantastic land holding for the future.

  • Address: 2965 Orara Way NSW
  • Town: Glenreagh
  • Region: Mid North Coast NSW
  • Post Code: 2450
  • State: NSW
  • Country: Australia

Detail

Updated on October 18, 2019 at 3:05 am

  • Price : $1,600,000
  • Property Size: 1300 Acres
  • Property Type: Other
  • Property Status: For Sale
Peter Stone
Peter Stone
02 6658 47000413 111 621

Real Estate Of Distinction

4 First Avenue, Sawtell, NSW 2452

OFFICE: 02 6658 4700

EMAIL: [email protected]

WEBSITE: http://reod.com.au/

Enquire about this property

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