394 Hanging Rock RoadSutton Forest NSW 2577
Property Details for 394 Hanging Rock Rd, Sutton Forest
Last Listing description (September 2016)
Rural property with both commercial (market gardening, spring water farm and live stock) and residential potential, the property is approximately 500 acres of semi cleared land, close to the Hume Highway With the 183 mega litre water license. The property has very high quality water ready to draw from the bore or from the natural spring yielding high quality water from both (Spring water farms along Hanging Rock rd.). Extra detail on licence below.
immediate access to the Hume Highway via high quality wide road just 3.8km to Highway.
Good quality dirt roads through out the property built for heavy loads
Large farm shedding with large rainwater tank (only 2 years old).
Zoned E3 the property has subdivision potential, minimum subdivision with Council consent to 100 acres per lot.
Dam and natural water course
Geographical position;
Just 1 hour and 30 minutes to Sydney airport.
Canberra 1hr 34 min
Goulbourn 38 minutes
Wollongong 1hr 11min
Moss Vale 20 minutes
Water license details
The water license allocated to this property is a critical advantage for any buyer. The very high quality water from the spring enables the flexibility to diversify your income from the property. The water license is DA approved for the extraction of 20 million litres per annum and can be on sold to supply industries requiring high quality water (spring water companies, food manufactures ).
You have the option to increase the 20 million to 30 million litres of saleable spring water. This allocation is part of the 183 million-litre license.
The water quality (certificate of analysis) can be supplied at your request.
IMPORTANT to note that there is an embargo on any NEW water licenses in this area.
For all enquires or to view the property, simply call Mal on 0401 997700 of Malmac Property Group.
Property History for 394 Hanging Rock Rd, Sutton Forest, NSW 2577
- 31 Aug 2016Sold for $2,900,000
- 21 Mar 2016Listed for Sale Not Disclosed
- 27 Apr 2015Listed for Sale Not Disclosed
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0About Sutton Forest 2577
The size of Sutton Forest is approximately 94 square kilometres. It has 3 parks covering nearly 0.7% of total area. The population of Sutton Forest in 2011 was 578 people. By 2016 the population was 484 showing a population decline of 16.3% in the area during that time. The predominant age group in Sutton Forest is 60-69 years. Households in Sutton Forest are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sutton Forest work in a managers occupation. In 2011, 72.3% of the homes in Sutton Forest were owner-occupied compared with 71.3% in 2016.
Sutton Forest has 281 properties. Over the last 5 years, Houses in Sutton Forest have seen a 99.07% increase in median value, while Units have seen a 190.40% increase. As at 30 November 2024:
- The median value for Houses in Sutton Forest is $2,412,000 while the median value for Units is $964,775.
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