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Overview
Situated on an elevated acre spanning approximately 4,600 square meters at the quiet end of a cul-de-sac in Nulkaba, this five-bedroom residence offers more than just scenic views. It holds Development Approval (DA) for a four-lot subdivision, presenting opportunities for staged development, multiple income streams, or a long-term landbank investment in one of the Hunter Valley's most sought-after areas.
The current home is architecturally designed with a focus on energy efficiency and is offered turnkey, ready to function immediately as premium holiday accommodation. Its location provides easy access to the renowned vineyards, restaurants, and concert venues of the Wine Country, with the Valley Brewhouse within walking distance and leading regional schools just minutes away.
The DA approval significantly enhances the property's potential. It allows for the creation of four lots and multiple dwellings (subject to council approval within the framework), enabling the development of boutique accommodation offerings, parcel sales, or holding the land for future capital growth. This flexibility makes the asset adaptable to various investment strategies, whether focused on yield, capital growth, or a combination of both.
The land is fully serviced with town water and sewer connections, securely fenced with post and rail and dog-proof netting. It is thoughtfully planned to accommodate additional garaging or infrastructure as the site evolves. Despite its peaceful and private setting, the property remains well connected, being approximately two hours from Sydney, one hour from Newcastle, and located on the edge of the Hunter Valley's vibrant heart.
Buyers can enjoy the property as it currently stands or capitalize on the approved subdivision to unlock its full potential. Opportunities offering both immediate income and approved future development upside in this location are rare and highly sought after.
Inspection is available by private appointment.
Local Market Insights
In Nulkaba, Quiet Listings observed 40 new houses entering the market over the last 30 days, down from 54 during the previous 30-day period, with an average advertised asking price of $941,686. The property type mix of listed properties is predominantly Houses at 87%, followed by land (6%), and commercial properties (4%). McGrath Estate Agents was the most active agency in this area, representing 32.6% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
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
Nulkaba NSW 2325
Market Insights for Nulkaba NSW 2325
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