OFF MARKET

River Street
Greenhill NSW 2440

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 6664m2
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Property Details for Lot 221 River St, Greenhill

Building Type
Land
Land Size
6664m2
Local Government
Kempsey

Last Listing description (February 2021)

Another offering from the same owner of the adjoining 'medium density zoned' land is this even bigger parcel of 'R3 Medium Density' zoned land. This would be the only R3 zoning land available and having such a large land parcel to offer is simply the opportunity of a lifetime.

So come on all you developers - we desperately need medium density housing - especially for our 55+ people and even for 'affordable housing'. You've got the zoning on your side, the services are all around the block, it's flood-free and under 5 minutes to the town center.

If you are not a developer then you can simply enjoy all this land for yourself knowing you have 'a great card up your sleeve' for the future - that is knowing you have land with potential to subdivide and developed any time you wish.

You could subdivide this land into approximately 12 blocks and each block can have multiple dwellings!

Here's the basics:
- 6,664sqm (1.65Ac) approx. block - dual street access.
- R3 Medium Density Residential Zoning.
- Rural views and river glimpses.
- Flood-free.
- Under 5 minutes west of the Kempsey town center.
- Only 1 minute to the Kempsey District Hospital.
- 1 minute to Aldavilla Primary School.
- (also, adjacent 'corner' block of approx. 2,077sqm is also up for sale for $169,000).

This is a real find, a real opportunity - a rare and beautiful piece of land that has potential plus. "We desperately need medium density housing in our Shire such as villa's, units and apartments, small lot homes." Yet the right land and the right zoning has never been here - until now!

Call us any any day, anytime.

Property History for Lot 221 River St, Greenhill, NSW 2440

A timeline of how this property has performed in the market
  • 23 Jan 2019
    Listed for Sale $295,000

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About Greenhill 2440

The size of Greenhill is approximately 7.7 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Greenhill in 2011 was 685 people. By 2016 the population was 731 showing a population growth of 6.7% in the area during that time. The predominant age group in Greenhill is 0-9 years. Households in Greenhill are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Greenhill work in a labourer occupation. In 2011, 63.5% of the homes in Greenhill were owner-occupied compared with 60.7% in 2016.

Greenhill has 304 properties. Over the last 5 years, Houses in Greenhill have seen a 75.39% increase in median value. As at 31 August 2024:

  • The median value for Houses in Greenhill is $440,195 while the median value for Units is $467,466.
  • Houses have a median rent of $355.
There are currently 5 properties listed for sale, and no properties listed for rent in Greenhill on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Greenhill.

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Disclaimer
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.