Located just outside the tranquil riverside village of Lawrence, between Grafton and Maclean, this 44.45HA/110 acres site (plus closed Crown Roads) zoned mostly R5 Large Lot Residential (small parts of RU2 & RU1 along a boundary) is prime for a large scale subdivision. The current owner has prepared concept plans for a 58 Large Lot Residential Subdivision which has had a positive response from Clarence Valley Council.
Flood free and gloriously peaceful, the nearby subdivision at Silky Oak Dr is now home to beautiful new homesteads taking advantage of the semi-rural feel here whilst still enjoying easy access to Grafton/Maclean and the beaches of Yamba & Brooms Head. You will note from the photos that the property is mostly cleared and gently undulating meaning the practicalities of completing the subdivision should be relatively straight forward.
At this stage of the cycle developers are eyeing off their next greenfield site for future subdivision works meaning your investment is geared to show strong returns as the house-building boom returns when the RBA drops rates into 2027.
Smart investors and serious developers only need apply as this is a project that requires skill and experience to create large scale wealth.
Lawrence is a village situated on the Clarence River around 30km northwest of Grafton, 15 minutes from Maclean and around 30 minutes from Yamba,. As at the 2021 census the population was 925 people. It offers a Tavern, General Store, School and Police Station. The current median house price in Lawrence is around $570,000.
This property is also available in part.
Title Descriptions:
Lot A/430036
Lot 232/751377
* any plans or photos in the above listed are indicative only. Purchasers to make their own investigations prior to purchasing
