$2,750,000

53 Shaw Street, Springdale Heights

PROPOSED DEVELOPMENT

  • 47,170 sqm

With land close to CBD areas becoming scarce, this potential subdivision is one of the last chances to find over 11.5 acres of undeveloped land under 3km from Lavington CBD.

Snowy Mountain Views Estate offers huge potential for investors and/or developers, with plans of the proposed subdivision already drawn up by EDM in 2017. EDM also installed two sewerage pits with all connections fitted to service the planned subdivision, this would be a large saving when carrying out the civil works. The land is gently sloped which affords stunning views over Albury/Lavington and to the Snowy Mountains from the higher elevations. In a quiet country setting and offering a large array of block sizes, this subdivision will cater to most buyers.

53 Shaw Street, runs alongside the popular Barramie Estate in Springdale Heights. Barramie Estate's blocks are being sold off market through Wodonga First National. We currently have a waiting list of clients wishing to purchase land in the local area and feel we could offer these blocks for sale before titles have been issued.

The land is conveniently located only a short distance to the following facilities: (Please click the below google maps link to clarify the exact location of the subdivision)

• Springdale Heights Shopping Centre: 1.5km – 2min Drive

• Dean St (Albury CBD): 7.9km – 12min Drive

• Lavington CBD: 2.9km – 4min Drive

• Albury Airport: 8.9km – 11min Drive

• Thurgoona CBD: 2.7km – 4min Drive

• CSU Albury: 5.9km – 9min Drive

• Albury Train Station: 7.3km – 11min Drive

Google Maps link: https://bit.ly/3CbyLbL

Please find below our conservative estimates of block pricing based on current market research.

RE-SALE OF SUBDIVIDED BLOCKS:

• 000m2 - 500m2 x 1 @ $155,000 each = $155,000

• 500m2 – 700m2 x 5 @ $160,000 each = $800,000

• 700m2 – 900m2 x 14 @ $170,000 each = $2,380,000

• 900m2 – 1100m2 x 7 @ $190,000 each = $1,330,000

• 1100m2 – 1300m2 x 4 @ $200,000 each = $800,000

• 1300m2 – 1500m2 x 2 @ $220,000 each = $440,000

• 1500m2 – 2000m2 x 1 @ $240,000 each = $240,000

• 2000m2 – 3000m2 x 2 @ $300,000 each = $600,000

TOTAL = $6,745,000

Open for Inspection
By Appointment

Lexley Sewell

0427 249 222
+ Email me

Natarsha Sewell

0448 969 944
+ Email me