FOR SALE
EOI closing 26 Sept 2024 at 4:00pm

1336 Teven Road
Alstonville NSW 2477

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 18ha
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16.8Ha* Residential LLC Development Opportunity | 1336 Teven Road Alstonville, NSW, 2477

Nathan Huxham from Ray White Commercial is super excited to present to the market this exceptional development opportunity!
Located in the highly sought after northern NSW town of Alstonville, this two Lot scenario totals 18.1Ha* of prime development land (STCA).
With over 50% of the population over the age of 50, there is a significant demand of Over 50's Land Lease Community housing for the local residents in the area that are looking to downsize while staying local.
There is also a significant amount of families that have been displaced from the northern NSW floods in 2022 that are looking for flood free land to rebuild their family homes on.
The property sits in the Ballina Shire and has a current mixed zoning of R2 Low Density Residential and DM Deferred Matter, and is attached to and adjoining R2 Low Density Residential & R3 Medium Density Residential.
The council have identified the property for a future Residential rezoning overlay.
This property is being sold via an Expression Of Interest campaign ending on Thursday 26th September at 4:00pm.
The vendor is aware of the rezoning demands and is happy to provide terms.
Please feel free to contact the exclusive listing agent Nathan Huxham for more information!
nathan.huxham@raywhite.com
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Property Details for 1336 Teven Rd, Alstonville

Building Type
Commercial
Land Size
18ha

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About Alstonville 2477

The size of Alstonville is approximately 29 square kilometres. It has 23 parks covering nearly 2.3% of total area. The population of Alstonville in 2011 was 5,647 people. By 2016 the population was 5,720 showing a population growth of 1.3% in the area during that time. The predominant age group in Alstonville is 60-69 years. Households in Alstonville are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Alstonville work in a professional occupation. In 2011, 73.4% of the homes in Alstonville were owner-occupied compared with 72.8% in 2016.

Alstonville has 3,408 properties. Over the last 5 years, Houses in Alstonville have seen a 48.65% increase in median value, while Units have seen a 50.77% increase. As at 31 August 2024:

  • The median value for Houses in Alstonville is $876,024 while the median value for Units is $553,668.
  • Houses have a median rent of $650 while Units have a median rent of $555.
There are currently 27 properties listed for sale, and 9 properties listed for rent in Alstonville on OnTheHouse. According to CoreLogic's data, 120 properties were sold in the past 12 months in Alstonville.

Suburb Insights for Alstonville 2477

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Nathan Huxham
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RWC Burleigh Group
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.