Project Details

This investment opportunity involves first mortgage funding to assist with the acquisition and development of two adjacent vacant allotments in Austral, NSW. The properties, each spanning 2.022 hectares, are currently rural/residential land with some older-style dwellings and improvements.  

Property Details: 

• Land Area: Two (2) adjacent, predominantly level vacant allotments, each with a land area of 2.022 hectares. 

• Current Zoning: Rural/residential land holdings, mostly cleared with some older-style residential dwellings and ancillary improvements. 

• Development Approval (DA): The properties have received Development Approval to create 96 residential allotments, including one (1) Superlot and one (1) residue lot. 

• Property Overview: The investment includes two adjacent, predominantly level vacant allotments, each 2.022 hectares in size, primarily cleared with existing rural/residential use.
• Development Approval: Approved for development of 96 residential allotments, one super lot, and one residue lot.

Development Potential:

The development is approved for the creation of 96 residential allotments, a Superlot, and a residue lot. This opportunity offers a secure investment in a growing area with significant potential for residential development. The properties are secured by first mortgage, providing investors with a solid security position. This project provides an excellent opportunity for both capital growth and steady returns in a rapidly developing region.