Already gazetted and approved for residential subdivision, this unique opportunity is now available for the developer wanting to expand their investments in a blue ribbon location.
A unique opportunity to acquire a parcel of small acreage with DA approval in Kooringal Road, Lake Albert, NSW, 2650. Spanning an impressive 16,440 square metres of prime land, this site is perfectly positioned for a lucrative development project.
Lot 2 of 531 Kooringal Road is more than just a plot of land; it's a canvas awaiting your masterstroke. Zoned R5, this property has already secured approval for subdivision into minimum lot size blocks of 1,500 square metres, which will allow for 9 generous lots aligning perfectly with the increasing demand for spacious, semi-rural living environments.
With DA 20/0506 already in place ( not completed) , you can bypass the uncertainty of planning permissions and move straight into execution.
The land comes with the considerable advantage with the current land holder already in possession of:
? A fire study and a biodiversity study which has already been conducted, ensuring environmental considerations are met.
? Essential Energy has provided power to the block boundary, paving the way for an efficient development process.
? Aboriginal due diligence study
? Engineering plans, proposed building envelopes, road and storm water construction details, etc, all completed.
Located in close proximity to the thriving centres of Kooringal and Lake Albert, this acreage offers future homeowners the convenience of nearby schools, shopping centres, medical facilities and the vibrant Lake Albert community. In addition, with the CBD merely a 5km drive away, the blend of country charm and city convenience is unparalleled.
Don't miss this chance to transform this exceptional tract of land into a sought-after residential enclave. Contact us to secure this development goldmine today!
With land in this area at a premium, this subdivision would be welcomed by the marketplace and would be a profitable land acquisition for future land sales.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.57 km | 3 | 1 | -m2 | Year 2025 Month 01 Day 15 | $290,000 | Council approved | |
 | 0.48 km | 4 | 1 | -m2 | Year 2024 Month 09 Day 24 | - | Council approved | |
 | 0.57 km | 3 | 1 | 104m2 | Year 2024 Month 09 Day 16 | $360,000 | Council approved | |
 | 0.42 km | 2 | 1 | -m2 | Year 2024 Month 09 Day 11 | $405,000 | Council approved | |
 | 0.57 km | 3 | 1 | -m2 | Year 2024 Month 08 Day 15 | $650,000 | Council approved |