RURAL SUBDIVISION OPPORTUNITY
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About this property
Rural farmland with development potential. "Ratho West", is a long held property of approx. 90 ha.'s (221 acres) located on the urban fringe 7 klm's from Young in a private secluded location. Newly proposed land zoning regulations to allow the development of 20 ha. blocks (up to five) make this a wonderful land bank investment opportunity. The masterly residence is placed perfectly for best solar orientation and retained heat from the polished concrete floors and commands northerly views from the picture windows and vergola (opening & closing roof) protected entertaining area which redefines the the boundaries between indoor and outdoor living. There is a full suite of structural improvements which include steel cattle yards and crush, 2 stand woolshed, 2 silos, machinery shed/workshop, garage, stables, round yard & holding yards, a bore reticulating to stock water reservoir tanks + troughs, a well plus 3 substantial dams and stock laneways for ease of mustering. The property is gently undulating with thoughtfully retained mature trees providing a park like effect and shade and shelter for livestock. The current zoning already allows for subdivision subject to Council approval, however, the new proposal will further refine it.. All in all, an outstanding rural investment opportunity in a rapidly growing district.
Property Details
- Property Type
- rural
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 1
- Parking
- 6
- Land Area
- 89.5 ha
- Listed
- 3 months ago
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Neighbourhood
Living in Young
This 3-bedroom rural in Young, NSW 2594 sits within reach of and nearby schools.
Schools near Young
- New Madinah Collegecombined · K-10 · CoEd
- Young North Public Schoolprimary · K-6 · CoEd
- Young Public Schoolprimary · K-6 · CoEd
- Hennessy Catholic Collegesecondary · 7-12 · CoEd
- Young High Schoolsecondary · 7-12 · CoEd
What's nearby
- Gus Smith Oval — 5.0 km away
- Chinamans Dam Reserve — 5.3 km away
- Blackguard Gully Reserve — 6.0 km away
Young at a glance
Full suburb profile- Population
- 10,610
- Median age
- 41
- Household income
- $1,157/wk
- Median rent
- $250/wk
- Median mortgage
- $1,300/mo
Source: ABS Census.
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Suburb market
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Young price trend
Median sold · House 3 bed
Compound growth +5.8% / yr over 4 yrs
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