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Wollombi Road, Farley NSW 2320

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  • 0 Bed
  • 0 Bath
  • 0 Car
  • 420000m²

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Land description

“Attention Developers & JV Investors”

High up on Wollombi Road lies the Farley Estate located in the vicinity of the
Rutherford Industrial Estate and situated on elevated land in the highly popular Maitland precinct within 5 kilometres of Rutherford, Aberglasslyn, Gillieston Heights and Maitland CBD.

Anticipated lot yield for approximately 42 Ha of the subject site is within the current Farley Investigation Area based on 10 lots per Ha - would yield approximately 420 to 500 residential lots.

The remaining 27 Ha which is currently outside the investigation area would be a logical extension anticipated for 2014/15 and would have a lesser yield due to vegetation constraints however a conservative yield would be 7 lots per Ha 190 lots.

"The local government area was fifth in the state in the second half of 2012 , with 359 new detached houses approved at a total value of more than $85
million" (Source Maitland Mercury February 14, 2013 "Boom Town" written by Michelle Meehan).

With the ongoing building boom at McKeachie's Run (Developer Stockland) at Aberglasslyn and the various land subdivisions at Gillieston Heights the subject land subdivision is perfectly located directly across the New England Highway from Aberglasslyn.

Land details

Area: 420000m²

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Wollombi Road, Farley NSW 2320
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  • 0
  • 420000m²

Shane Blackett

IB Property
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