FOR SALE
House & Land
$4,250,000

23 Summerhill Road
Greigs Flat NSW 2549

Bedrooms: 7
Bathrooms: 3
Car spaces: -
Land area: 100ac
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Rosehill Estate is a lifestyle destination. DA approved 15 lot rural subdivision on the Saphire Coast. Ready now or perfect landbank opportunity

Rosehill Estate is a newly approved 15 lot rural subdivision in South Pambula. The perfect destination for homeowners or the holiday maker wanting the rural lifestyle and the coast life all in one. This gorgeous farmlet currently runs sheep and cattle and is located on the edge of South Pambula. Rosehill Estate is peri urban land which has plenty of upside in the current market. This property may also be of interest as an impressive landbank ready to develop in years to come.
Rolling green hills provide great views from each building site, there are various land sizes ranging from .50 ha to 9.4 ha to accommodate different buyer requirements. Over the 15 Lot subdivision there are two existing residences. Lot 4 has a 4 bed 2 bath Masterton home with shedding. Lot 5 has the original Rosehill cottage with established gardens and considerable shedding. Here you have a great opportunity to onsell existing buildings, or to keep for yourself. Options may include the landowner holding ownership of lot 4, discuss with the agent if interested.
Intersection plans have been extensively drawn as a requirement to achieve consent on the DA. Recently the speed limit has changed which will reduce construction costs on the intersection, further information can be requested and the engineers are open to further discussion with potential buyers.
This is a great opportunity to develop a small rural coastal project, being DA approved Rosehill Estate is ready to sell off the plan with keen registered buyers. With high demand for this land type, now is the chance to acquire this outstanding opportunity. Rosehill Estate is the perfect place to retire off the farm, build an impressive family home and enjoy everything the Sapphire coast has to offer.
The developement is approved for the land to be subdivided into 15 rural residetail lots with new road and road enclosure. A full set of plans and consent documents are available on request. Discuss your purchase preferences with Ben, there is flexibility in the purchase structure.
Expressions of Interest close on the 17th September 2024 at 12:30pm.
Please contact Ben Stevenson 0467 046 637 for further details or time to inspect the site.

Property Details for 23 Summerhill Rd, Greigs Flat

23 Summerhill Rd, Greigs Flat is a 7 bedroom, 3 bathroom AcreageSemi-rural. The property has a land size of 100ac. The place is currently for sale with Blackshaw Manuka.

Building Type
AcreageSemi-rural
Land Size
100ac

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About Greigs Flat 2549

The size of Greigs Flat is approximately 24.4 square kilometres. It has 2 parks covering nearly 59.5% of total area. The population of Greigs Flat in 2011 was 323 people. By 2016 the population was 154 showing a population decline of 52.3% in the area during that time. The predominant age group in Greigs Flat is 60-69 years. Households in Greigs Flat are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Greigs Flat work in a managers occupation. In 2011, 79.8% of the homes in Greigs Flat were owner-occupied compared with 92.2% in 2016..

Greigs Flat has 105 properties. Over the last 5 years, Houses in Greigs Flat have seen a 98.35% increase in median value. As at 31 October 2024:

  • The median value for Houses in Greigs Flat is $1,045,130 while the median value for Units is $665,951.
There are currently 1 property listed for sale, and no properties listed for rent in Greigs flat on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Greigs flat.

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Ben Stevenson
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