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Lot 1-52 Sancrox Road

Sancrox, NSW 2446, Australia
$2.95m

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Area Price Guide
$2.77m$3.13m

Indicative price guide range

🏘️
67
Comparable
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$869,086
Area median
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+239%
vs median
🗓️
1 month ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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Bushfire risk

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Heritage

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About this property

To enquire, please email or call 1300 815 051 and enter code 7638 Greenfield landbank Dev Opportunity Summary Rights to acquire Land Development Agreement Rights for 52 lot's totalling approximately 101.46ha*. The property comprises relatively cleared grazing land with vegetation throughout the site and around the edges. Currently zoned RU1 Primary Production under the Port Macquarie LEP, the amalgamated lands provides development/planning once infrastructure services challenges are addressed. Sewer and water upgrade and power connections to be established for servicing future potential development along with some Bush Fire constraints as it sits amongst bush fire prone areas. Location Sancrox is located on the mid North Coast of New South Wales in the Port Macquarie/Hastings LGA. Located on the Southern side of Sancrox Road approximately 1.5km's from the Pacific Highway which links Brisbane to the North (550km's*) and Sydney to the South (400km's*). Identified as an area for investigation for growth in the region with car access to services in Port Macquarie and nearby Wauchope. Sale Process By EOI closing Monday 1 September 4:00pm for the Rights to acquire the Development Rights. Please provide your Expression of Interest via email. * NOTE: Images outlined Indicative only and all figures are approximates Other Information Topography The site drains towards Sancrox Road and the western boundary with a number of first and second order streams dissecting the site. A large dam is located to the central western boundary capturing a large portion of the runoff from the property and the adjoining property to the south and west. Heritage An Aboriginal Cultural Heritage Assessment was prepared by the Birpai Local Aboriginal Land Council. The assessment advised that there is no reason that the rezoning cannot proceed in respect to Aboriginal Cultural Heritage issues. Water The current water supply network includes existing 100mm diameter and 150mm diameter watermains located along Sancrox Road and within the development site. It is envisaged however that the 300mm water main near to Expressway Spares to the east would need to be upgraded in the future along Sancrox Road to the subject site. Electricity Essential Energy have confirmed the site can be serviced, and they will also be consulted in relation to electrical servicing for the wider Fernbank Creek and Sancrox area as part of the Fernbank Creek and Sancrox Planning Investigation. This will ensure holistic consideration of electrical provision to cater for future potential growth within the Fernbank Creek and Sancrox area. Bushfire The site is bush fire prone land and bush fire constraints, along with associated mitigation measures, have been identified through a Strategic Bush Fire Study to comply with Planning for Bushfire Protection 2019 (PBP 2019). This has included the zoning layout being developed having regard to the necessary Asset Protection Zones (APZs). Sewer Sewer is not currently available to the site but is located to the eastern end of Sancrox Road, adjoining Expressway Spares. New sewer infrastructure would be required to service the site. Infrastructure The road network, transport and servicing of the site and the wider area has been considered in the specialist reports and plans which accompany this report. Upgrades can be provided without relying upon adjoining private landowners and can service the wider area. Ecological An ecological assessment identified threatened species and their habitats along with a confirmed and a mapped endangered ecological community (EEC). This has been taken into consideration within the rezoning proposed. Large areas of ecological value will be enhanced, and corridors created to provide good connection to large areas of ecological significance on adjoining land. To enquire, please email or call 1300 815 051 and enter code 7638

Property Features

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    Repayment calculator

    $14,301/month
    $7,151 /fortnight
    Loan $2,360,000 at 6.10% over 30 years

    Upfront costs

    Deposit$590,000
    Stamp duty$142,474
    Conveyancing (est.)$2,000
    Total upfront$734,474
    Verify with NSW revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    land
    Listing Type
    For Sale
    Listed
    1 month ago

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