The phone enquiry code for this property is - 2579
Two large adjacent E3 lots available. Lots 3 & Lot 4 Sec 3 DP 4591- Station Rd, Otford (exact pin: https://goo.gl/maps/qvEC3qZ5z6C2).
This sale is for Lot 4 which is 2000m2. However, you could also purchase Lot 3, for a total 4000m2, this is a rare opportunity. A 1/2 Acre or whole Acre of of incredible land in an ideal location.
These are the largest, nicest and best located Lots you’ll ever find. Beautiful bushland next to temperate rainforest and Coastal Views, on the doorstep of the Royal National Park.
With the announcement for development of the Great South Coast Walk, this is a unique opportunity to be able to secure funding/approval to create an idyllic nature retreat (SCA).
LOCATION
- 50m from The Coast Track, one of Australia's best bush walks from Otford to Bundeena- which is being developed further as the first section of the Great South Coast Walk, which will become NSW’s premier multi-day walk
- Just 200m from Otford Lookout, the Royal National Park and The Grand Pacific Drive
- Short walk to Otford train station, town and Primary School
- Minutes drive to Bald Hill
- Close to Stanwell Park Beach and Helensburgh
- 60 mins to Sydney CBD, but the F6 Extension-M6 Motorway SSI has began, the plan being to link the South Coast with Sydney and reduce this time to 40 mins
LAND
- Beautiful bushland with tall Eucalypt canopy and clear, open undergrowth with Lomandra and some Cabbage Tree Palms
- On ridgeline with relatively flat, open areas in the middle and gentle sloping sides
- Accessible via Station Road or Fanshawe Avenue (unsealed)
- Zoned E3 Environmental Management- currently unable to be built on easily, but that could change in the future- especially if the right proposal is made to council (SCA)
- Very low yearly council rates
OPTIONS
- Now: enjoy the land for camping or other bush based activities
- Great South Coast Walk- The NSW Treasurer just announced $80 million in funding to go toward infrastructure to create accommodation opportunities like glamping
- Council Approval: be proactive with WCC in order to be able to do some form of development, e.g. get approval for a permitted use, re-zone etc
- Land bank: these lots have been consistently increasing in value over the years
- Wait for future changes: there are many similar lots that were originally created with the idea of future development. Some say it's just a matter of time for this to happen, but it’s anyone’s guess.
ESTIMATED PRICE GUIDE
- Approx $180,000- $200,000 for Lot 4
- Approx $380,000- $400,000 for both lots
WHAT’S NEXT
- The owner was planning to use the land for eco-tourism/outdoor education, however the property owner has now relocated to QLD.
- As it’s vacant land, all the information is online and you can inspect it on your own. Best to contact first and I can provide more info.
- Please do your own due diligence
- Contract is ready with conveyancer
- Please make an enquiry with your email more information.
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