84 Lenaghans DriveLenaghan NSW 2322
Property Details for 84 Lenaghans Dr, Lenaghan
Last Listing description (February 2022)
Presented to the market is the original home of its suburb 'Lenaghan House' covering 27.543ha approx, this property is the last remaining large component of an original family farm.
Being located so close to Newcastle City, this unique parcel of land represents an extremely rare Residential or agricultural opportunity. (STCA)
Found about 20 minutes from the CBD and featuring truly breathtaking 360-degree views.
The property represents an astute and flexible investment.
Owned and operated by the one family for years , this property has a farming history in grazing.
Having more recently been surrounded by largely 6.0ha allotments, Rural Living zoned properties, the future potential of the property has with various options available for consideration.
- Rare 27.543ha approx. the parcel of land Zoned "Environmental Conservation"
- Zoning Allows for Home occupations Agriculture & Dwelling houses STCA
- Around 20 min drive to the Newcastle CBD
- Stunning 360-degree views
- Scope for a variety of land uses
Alternatively, this stunning property can be returned to a residence. Residential purchasers must consider GST implications upon purchase.
On behalf of the vendors and the entire team at Castle Property, I am very excited to introduce to you this outstanding opportunity.
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Expressions Of Interest: All Expression must be submitted in writing prior to 13th June at 4 pm.
Property History for 84 Lenaghans Dr, Lenaghan, NSW 2322
- 24 Apr 2018Listed for Sale SOLD BY: Adriano Rossi
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0About Lenaghan 2322
The size of Lenaghan is approximately 6.1 square kilometres. It has 1 park covering nearly 4.5% of total area. The population of Lenaghan in 2011 was 181 people. By 2016 the population was 42 showing a population decline of 76.8% in the area during that time. The predominant age group in Lenaghan is 40-49 years. Households in Lenaghan are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lenaghan work in a managers occupation. In 2011, 73% of the homes in Lenaghan were owner-occupied compared with 100% in 2016..
Lenaghan has 28 properties. Over the last 5 years, Houses in Lenaghan have seen a 64.23% increase in median value. As at 31 July 2024:
- The median value for Houses in Lenaghan is $1,052,942 while the median value for Units is $1,432,689.
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