1123 Paterson River Road, Gresford NSW 2311

Rare buying opportunity with Paterson riverside location.
Stunning country lifestyle environment in the beautiful Paterson River Valley. Located in the very peaceful and scenic Mount Rivers area.
Total of 12.8 acres of idyllic, private Paterson River frontage with new house approval on site overlooking river with mains power, river water access, rain water tanks, road access, yards, old dairy and storage sheds.
Part of this property has an old house located on 3300m2 as part of the total 12.8 acres.
Double tar sealed road frontage, with existing old house on one side of the road on part of the land (on 3300m2) and DA approval for new owner to build is located on the main section of the land across the road from the current old home.
UNIQUE POTENTIAL, Live in or continue to rent out existing home circa 1901 ?Carinya?. Or live in the old house whilst you build your brand new home.
If new owner builds a new house on the new DA approved site, Council requires that the existing old house will have to be rendered uninhabitable, as is there can only be one house on this property as a whole.
For the right buyer there is also the potential to move the existing old house across the road to the new DA approved site (subject to Council approval for this move) and proceed with renovations .
The 12.8 acres contains good grazing land, pasture improved, with unhindered access to river; certified organic OGA. Suits horses or cattle or many other country lifestyle uses.
Pump from the river with riparian pumping rights to your garden and stock.
New residential dwelling entitlement on 12 acre riverfront (Dungog Council DA approved)
Mount Rivers hamlet (2 mins), Gresford village (10 mins); Maitland/ Singleton (1hr); Newcastle (1h15mins), Sydney (3hrs)

Note one house entitlement applies to the subject property

KEY FACTS
Riverfront parcel: 5 hectares / 12 acres approx
Paterson River frontage: 454 m, swim, fish, kayack, picnic and enjoy.
?Carinya? house parcel: 3300m2 (cannot be sold separately to Riverfront parcel)
Title: Lot 22 DP1191247 Torrens Title
LGA: Dungog Parish of St Julian, County Durham
Rates $510 est
Improvements: cattle yards, race, old dairy, storage shed, mains power and rain water tanks.
Certified organic OGA (Organic Growers Australia)