6.25 Acre Development Site, Investment Or Astute Tree Change Opportunity. House On Convenient Corner Block.

Prime Development Opportunity Gunnedah Region

This outstanding investment offers a rare chance to secure a prime 6.25-acre (2.53 hectares) corner block with frontage on two streets, nestled within a well-established residential area. Zoned RU5, the land permits subdivision into 650 sqm lots (STCA), with potential to be developed into 10 to 12 lots at minimal civil costs.

Council water and sewer services are conveniently available at the front of the block, ensuring low contribution costs for any future development. Additionally, an older two-bedroom cottage, recently cosmetically updated, is currently tenanted with a reliable tenant at $295 per week, providing immediate rental income.

Just 15 minutes from the thriving town of Gunnedah, this property is ideally positioned near essential services, including major agricultural, coal, and lumber industries. Gunnedah is a key service center for the region and offers excellent transport links via the Oxley and Kamilaroi Highways.

This is an exceptional opportunity to develop or hold as a secure investment for the future. Contact us today to learn more about this prime piece of real estate.