Share this property

realcommercial.com.au

242 Averys Lane Buchanan, NSW 2323

Directions

242 Averys Lane,
Buchanan, NSW 2323

Development Sites & Land

Price information

Sold

Contact Agent

Detailed listing

Key property information

Land area

Sold on

Map of 242 Averys Lane

Directions

AUCTION - Residential Zoned Development Land

The Hunter Expressway has provided a catalyst for growth and will open up new urban release areas, such as Avery's Village, through improved access to major centres and employment nodes.

242 Averys Lane, Buchanan currently offers a quaint rural setting, however, as residential and employment demand grows in Newcastle, Lake Macquarie and the Hunter Valley this property stands to be developed into a substantial residential subdivision.

-Opportunity - 39.25 hectares approx (97 acres approx) of development land, zoned R2 Residential and E2 Environmental under Cessnock City Council LEP 2011

-Improved - Three to four bedroom brick home + three bedroom hardiplank home established on the property (currently leased); property fenced into seven paddocks and watered by 1 large spring fed dam

-Location - Since the opening of the Hunter Expressway Buchanan is only 30km approx from Newcastle CBD and travel times to Sydney and the mining communities in the Hunter Valley have been dramatically reduced

-Potential - Part of the Avery's Village urban release area, part property zoned for residential use with minimum developed lot sizes of 450sqm. Concept Plan for approximately 130-140 lots.

Additional information

Property ID: 501030443Last Updated: 5 Jun 2015

04237619...
realcommercial.com.au logo
242 Averys Lane
Buchanan, NSW 2323

Detailed listing

Knight Frank - Newcastle
Suite 1, Ground Floor, 168 Parry Street
NEWCASTLE WEST, NSW 2302

Make an enquiry

What's your enquiry about?

Enter your details

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.