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Overview
AUCTION - Guide $950,000 Prior Offers Considered
Spanning an impressive 4.28 hectares (approximately 10.58 acres) across two freehold titles, this distinctive rural property offers a remarkable opportunity for investors, lifestyle enthusiasts, land bankers, or those seeking expansive space with future development potential. Zoned as Rural Landscape, the property enjoys a strategic location close to the coastline, essential amenities, and Newcastle Airport, blending convenience with versatility in a highly sought-after area.
The land is divided into two separate titles measuring approximately 2.38 hectares and 1.9 hectares respectively. It benefits from essential services including electricity, town water, and sewerage, presenting a rare combination of rural scale alongside urban conveniences.
The existing residence features four bedrooms and two bathrooms, providing comfortable living accommodation with potential for renovation and value enhancement. The home includes a two-car carport, although the rear veranda and ensuite require some repair work.
At the rear of the residence stands a substantial steel shed with a concrete floor, incorporating a large cool room and workshop area. This space is ideal for storage, trades, or rural activities. Additional structures on the property include older steel storage sheds, a three-bay open shed in need of repair, and three decommissioned poultry sheds approximately 100 metres in length. These extensive infrastructures offer significant potential for a variety of uses, subject to council approval.
The property is conveniently located within close proximity to several key destinations: approximately 5 minutes to Tanilba Bay, 9 minutes to Lemon Tree Passage, 10 minutes to Newcastle Airport, 11 minutes to Medowie, 25 minutes to Nelson Bay, 40 minutes to Newcastle CBD, and around 2 hours and 20 minutes to Sydney. These approximate travel times highlight the property's accessibility to both coastal and urban centers.
Whether your goal is to secure a substantial landholding, renovate and capitalize on the existing home, or explore future development opportunities, this versatile property offers endless possibilities within an increasingly desirable coastal-rural corridor.
Note: Auction guide price is $950,000 with prior offers considered. Travel times are approximate.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Salt Ash NSW 2318
Market Insights for Salt Ash NSW 2318
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