Presented by Fiona Leslie and Arlo Jones of One Agency Elite Property Group.
Nestled in the heart of Stream Hill, a burgeoning suburb in the sought-after West Dapto region, lies 290 West Dapto Road, Stream Hill a prime parcel of land spanning a significant 8.52 hectares.
With its strategic location a mere 14 kilometres southwest of Wollongong CBD, this property offers breathtaking views of the Illawarra Escarpment, adding allure to its already compelling appeal.
Boasting dual zoningR3 Medium Density Residential and C3 Environmental Managementunder the Wollongong LEP 2009, this site presents a unique opportunity for potential multi-dwelling housing or subdivision development, subject to council approval.
Offering approximately 19,000 square metres of developable gross floor area, developers can envisage crafting dwellings or subdividing into residential lots. Notably, the site's connectivity to existing and adjacent subdivisions streamlines service connections, optimising efficiency and resources during development.
Family sized home boasting 5 bedrooms, 4 with built-in wardrobes, main with ensuite. Multiple living areas including a family room with built in bar, slate floors, timber kitchen. Fireplace. Double garage detached from home with store room.
Private expansive worksheds with own entry from the main road, including factory style workshops with 3 phase power. Two separate workshops, office with toilet facilities & large open 12m x 24m machine shed / truck parking and fenced storage area
Moreover, its proximity to the upcoming Kembla Grange Town Centre, recreational facilities, schools, and essential amenities underscores its desirability, promising residents a lifestyle of convenience and tranquillity. With the NSW Planning and Environment's designation as a priority urban release area, this property stands as a promising investment opportunity poised to capitalise on the region's burgeoning population growth and economic prosperity for years to come.
The size of Stream Hill is approximately 14.6 square kilometres. It has 9 parks covering nearly 14.6% of total area. The population of Stream Hill in 2011 was 220 people. By 2016 the population was 267 showing a population growth of 21.4% in the area during that time. The predominant age group in Stream Hill is 10-19 years. Households in Stream Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Stream Hill work in a trades occupation. In 2011, 84.7% of the homes in Stream Hill were owner-occupied compared with 66.6% in 2016..
Stream Hill has 758 properties.
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