Prime Mid North Coast Development Opportunity

147 The Ruins Way, Port Macquarie, 2444

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Contact for PriceFor Sale
  • Ownership Type Residential Land
  • Property Area 2,000,000 sqft
  • Bedrooms Shared
  • Bathrooms 0
  • Furnished No
  • Last Updated 3rd Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Full-Time Doorman
  • River Views
  • Common Roof Deck
  • City Views
  • Gym
  • Sauna
  • Open Views
  • Basketball Court
  • Pool

Property Overview

On offer is a very rare piece of Port Macquarie, one of the very few prime residential areas yet to be developed, adjoining the very popular Innes Lake and Brierley Hill Estate which features some of the town's largest and newest infrastructure including the Charles Sturt University, St Columba School and Innes Lakes shopping village, this estate has attracted many families, retirees and investors alike.
Being one of the last large parcels left to develop this is an opportunity that will not be repeated.
A sale is apparent and the vendor is flexible on options of a sale.

Break down of available blocks

Farm Spur
•Total area of Farm Spur: - 39.58ha
•Current Zoning: - General Residential (R1)
•Potential: - Residential subdivision integrated with recreation and Biodiversity off-setting for development.
•Potential university accommodation
Potential Yield: 170 - 200 lots

Red Hill Block
•Total area Red Hill Block: - 56.77ha
•Current Zoning: - General Residential (R1): - 56.77ha
•Potential: - Residential subdivision integrated with recreation and Biodiversity off-setting for adjacent development.
•Potential university accommodation/ eco-resort development.
56.8ha @ 40% developable as lots
22.72ha @15 lots per ha
Potential conservative yield: 340 lots

Lake Block
•Total area of Planning Unit 22: - 19.8ha
•Current Zoning: - Primary Production (RU1)
•Potential: - eco-resort development integrated with recreation, Biodiversity off-setting for development and conservation.


Long Point / Central Block
•Total area of Central Block: - 36ha
•Total area of Long Point block: - 47.8ha
•Current zoning: - Primary Production (RU1): 47.8ha
- Environmental Protection (E2): 36ha
•Potential: - Biodiversity off-setting for development, Integrated recreation and conservation.


The information contained in the advertising of this property is not based on any independent enquiries or knowledge of 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.

Location on Google Map

147 The Ruins Way, Port Macquarie, 2444

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