Situated in the vibrant locale of Portland, New South Wales, this 5 acre property presents an exceptional opportunity for developers keen on land subdivision ventures. The property boasts a generous land parcel with ample potential for subdivision, offering lucrative prospects for residential development alternative you can keep the property as is and build your dream home.
The property is zoned R5 large lot residential, ensuring compliance with local regulations and planning requirements developers can navigate the subdivision process smoothly, leveraging the existing zoning regulations to optimize land utilization and maximize returns on investment.
Portland's growing population and thriving real estate market contribute to robust demand for residential properties. Developers can capitalize on this demand by delivering well-designed, market-oriented housing solutions tailored to meet the evolving needs of homebuyers or investors.
Please contact our office for further information 02 6352 2442.
Disclaimer: HR Realtors & Lifestyle Property Specialists believe that all information contained herein be true & correct to the best of our ability & in no way misleading; however, all interested parties are advised to carry out their own enquiries and relevant searches.
The price of this property is listed in Australian Dollars (AUD) at the beginning of this description, and that should be used as a price guide for this property.
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.61 km | 4 | 1 | 169m2 | 2024 12 19 | - | Council approved | |
 | 0.60 km | 3 | 1 | 129m2 | 2024 11 20 | $436,000 | Council approved | |
 | 0.31 km | 3 | 1 | -m2 | 2024 11 13 | $490,000 | Council approved | |
 | 0.37 km | 3 | 1 | -m2 | 2024 09 16 | $410,000 | Council approved | |
 | 0.69 km | 3 | 1 | -m2 | 2024 08 01 | $548,000 | Council approved |