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Seaside Sanctuary: Non-Urban Land in Pindimar, Port Stephens - $650,000, 30% BBX

  

Town Planning and Zoning Overview:

  • Local Government Authority: Mid-Coast Council
  • Zoning: Zone RU2 Rural Landscape
  • Planning Instruments: Great Lakes Local Environmental Plan 2014

Objectives of Zone RU2 Rural Landscape:

  1. Encourage sustainable primary industry production.
  2. Maintain rural landscape character.
  3. Provide for compatible land uses, including extensive agriculture.
  4. Support rural tourism aligned with primary industry capabilities.
  5. Secure agricultural future by minimising land fragmentation.

Permitted Activities:

  • Without consent: Extensive agriculture, Home occupations.
  • With consent: Agriculture, Education, Recreation, Accommodation, Infrastructure, etc.
  • Prohibited: Development not specified.

Effect of Planning Instruments:

  • Dwelling houses permitted with consent, subject to provision of essential services.

Planning Proposals:

  • Short-term Holiday Rental of Dwellings: Allow use of dwellings for short-term holiday accommodation.
  • Livable Housing and Flexible Zone Boundaries: Introduce flexible zone boundaries in urban release areas.

Location and Surrounding Development:

  • Pindimar: Coastal township on Port Stephens, 75km north of Newcastle.
  • Surroundings: Modest to heavily timbered coastal foreshore, Village Zone 2 with brick veneer housing.
  • Environmental Features: Partly cleared with native trees & scrub, additional clearing for bushfire reduction.

Transport and Amenities:

  • Nearby bus service to Tea Gardens & Hawks Nest.
  • Tea Gardens neighbourhood shopping within 10 minutes' drive.
  • Newcastle Business district 40km south.

The Lands:

  • Topography: Rises northwest from eastern shoreline, gentle slopes toward a watercourse.
  • Aspect: Generally south-easterly with water/ocean views.
  • Access: Rough tracks following subdivision plans, cul de sac termination.
  • Services: Electricity available on nearby Koree Street.

Improvements and General Remarks:

  • No improvements constructed on the lot.
  • Land offers redevelopment potential aligning with Council planning proposals.
  • Demand from buyers anticipating capital growth over time.
  • Not representing highest and best use under current zoning but potential for residential subdivision in the future.

For further inquiries, please contact Magali Russo at australia@bbxworld.com

Terms

30% of the purchase price payable in BBX.