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Overview
This expansive 1,143 square meter land parcel at 136 Cambridge Street in South Grafton presents an exceptional opportunity for buyers seeking flexibility and potential in an established residential neighborhood.
Successfully combining immediate usability with significant development promise, this property is perfectly suited for those who wish to build a bespoke home, capitalize on the sizeable landholding, or explore residential development projects subject to council approval. The convenience of existing connections to power, town water, and sewer services considerably streamlines site preparation processes.
Documented development approvals are already in place, alongside concept plans that illustrate the potential for subdividing the land into three separate residential addresses. This positions the property as an attractive prospect for investors, developers, or owner-occupiers aiming to maximize the site's value.
Set amidst mature trees and featuring a peaceful backdrop of clumping bamboo, the site offers a tranquil and private environment. A hidden garden sanctuary behind the existing self-contained shipping container studio further enhances the sense of refuge and connection with nature. The studio itself provides versatile accommodation or workspace, equipped with an open living area, preparation space, bathroom facilities, and a covered timber deck, ideal for creative pursuits, guest lodging, or a temporary residence during construction.
Rich birdlife and native fauna frequent the property's thoughtfully landscaped gardens, establishing a serene oasis just minutes from essential amenities including schools, shopping centers, sporting facilities, and the Grafton CBD. The in-ground fish tank adds a distinctive charm to the garden setting.
Overall, this offering is particularly appealing to builders, developers, investors, and purchasers seeking a substantial and rare blank canvas with immediate functional use and promising future development options close to town.
Local Market Insights
In South Grafton, Quiet Listings observed 4 new parcels of land entering the market over the last 30 days, down from 5 during the previous 30-day period, with an average advertised asking price of $503,750. The property type mix of listed properties is predominantly Houses at 77%, followed by land (9%), and units (7%). Ray White is the only agency with property listings monitored during the period. 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
South Grafton NSW 2460
Market Insights for South Grafton NSW 2460
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
