79 Cudgegong Rd, RYLSTONE
Central West, NSW, 2849
Rural land with amazing development/investment potential
This beautiful 28ha bushland, teeming with birdlife but right on the edge of town offers a rural lifestyle that is just over a kilometre from the post office and several excellent coffee shops – so the best of both worlds.

The land has lots of different characters: open woodland, rocky knolls and rock shelves, grazing areas, a little dam and a small shelter shed, and many possible house sites with great views. This block has huge investment potential as the land is zoned for 2ha(5acre) subdivision under freehold title or 4000sq m(1acre) under community title. You have a range of options:

• Enjoy this beautiful block as it is knowing you have development potential as part of your superannuation;
• Do a simple subdivision among 3-8 people (maybe your friends or family?) in such a way that each block still retains investment potential by being further subdividable;
• Plan a full community housing development where individual 4,000sqm blocks (up to 18 possible) are individually owned and include access to a large area of community bushland and a cleared area suitable for community buildings. There is already a conceptual plan for this, including all the necessary reports that could be included with the purchase

Rylstone is a charming historic town with old fashioned friendliness and a wealth of amenities which include a primary school, small hospital, tennis, bowls and 9 hole golf course while nearby (7kms/5minutes) Kandos has the high school, Olympic swimming pool and championship level 18 hole golf course. There are also three museums and an art gallery, so something for everyone. For more information and stunning photos of what our region has to offer visit www.rylstonekandos.com and www.visitmudgeeregion.com.au

Speak to us about the work opportunities available and with larger centres like Mudgee, Lithgow and Bathurst 40 to 60 minutes away or just an hour and half to the Blue Mountains (or three hours to Sydney) combining telecommuting work at home and at a major centre is very doable.

If you are seriously thinking about some kind of community development then this block is for you. Most of the planning has already been done, the local Mid-Western Regional Council is supportive of the idea of an eco-village and full reports by specialist consultants on ecological assessment, soil and water, bushfire compliance, roads and drainage assessment, aboriginal cultural and heritage assessment. These specialist reports will be made available to the purchasers of the land at an agreed price.

There is a draft Management Plan – a mandatory requirement for any community development that is a time consuming process to produce – and the not-for profit-company which currently owns the land could also be transferred. Both significant cost savings.

With 18-20 blocks possible the asking price means affordable housing could be a key part of the philosophy of this community.

With a staged process of development, a first group of 5-10 could provide leadership for an innovative property development within a sympathetic community. The final steps from what has been developed so far may only take a few months.

Central West
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Price : Undisclosed
Property Type : Land

Building DETAILS

Land Area : 28 Hectares

ecoproperty® rating

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79, Cudgegong Rd
NSW 2849

Property ID : 2361526


Catriona Jane MacDiarmid

Mobile Number: (61) .....

Email: cjm@e.....

Secondary Agent: ECO Real Estate - NSW

Phone Number: 18000.....

Email: nsw@e.....

Agency / Business Name: The Eco Real Estate Network Pty Ltd

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