For the first time in over 35 years you have an opportunity to purchase one of the largest land holdings in the Port Stephens and Mid North Coast area. This property represents huge upside potential in one of the most idyllic locations in coastal New South Wales.
57.84 hectares or 142 acres*, this holding is a once in a lifetime opportunity.
It is rare to find a property offering such privacy with the convenience offered here. The location itself is second to none, literally minutes off the Pacific Highway and just on half an hour* to Newcastle Airport, under 20 minutes* to the tourism hot spot of Tea Gardens, 20 minutes* to Raymond Terrace and just 2 hours and 20 minutes* to Sydney. The waterside township Karuah has a shopping centre, RSL Club, takeaways, boat ramps and just a very relaxed lifestyle.
The property has a diverse balance of country with some timbered hill (providing options for an elevated house site), cleared grazing paddocks, shaded areas and some tidal wetlands and creeks ideal for dropping a line and a couple of crab pots in.
Along with the many improvements the current property has, including a 4 bedroom 2 bathroom brick home with inground pool and large steel shed (ideal income producer for storing multiple caravans undercover).- this may be your final opportunity to purchase this property and reap the benefits long into the future.
The boundaries adjoin the successful and highly sought after residential estates of Watermark, Iron Bark Estate and River Oak Estate, giving you the opportunity to one day further develop the property. If you're looking for a great lifestyle with future opportunities, please book your inspection as opportunities like this come once in a lifetime!