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This 16.2 Ha ( 40 acre) block of prime real estate, is the last of the potential residential development areas left in Yamba, which can be developed under the CVC LEP, which was put out in 2010.
The block runs lengthways in an East/West direction from Carrs Drive entry to the riparian zone area (7R) adjoining Oyster Channel. The topography is flat land, and is carrying coastal species timber of secondary and primary growth.
It is situated approximately 4 kilometres from the town centre and adjoining beaches (Whiting, Turners, Main, Convent and Pippi) and approximately 2 klms from the major shopping centre at Treelands Drive.
Services include existing town water and power. It is serviced by a tar road with a roundabout (yet to be built) giving access to Carrs Drive from Yamba rd.
Considerable development has already begun on nearby properties, and some developers have already begun selling blocks off the plan. The next- door property of some 18 Ha, with no improvements, sold in March,2020 for $4.5m.
To enable development the land will require fill to raise it above the 1 in 100 year flood, as required by Council. No D.A. has been submitted to Council for approval as yet.
The site is comprised of three zonings:
1. 2c – Residential (West Yamba).
This zoning allows for residential small block development. The 2c area on this site has the capacity for 113 home sites, of around 600m2 in size.
2. 7D – Environmental Protection (residential habitat).
This zoning will allow for larger scale development (old peoples homes, resort style development), or around 30-50 more smaller residential sites, similar to 2c zoning. This information supplied by the current owner.
3. 7R – Riparian zone (environmental protection).
This area is a buffer zone between any development and the shoreline to Oyster Channel – It can never be developed.
The property comes with a 3 bedroom, 2 bathroom, 2 garage, brick home in which the owners currently live.
This very special property gives aspiring developers the best of opportunity, to participate in what will be the last available residential development in Yamba. All authorities for due diligence have been signed by the vendors.
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