Knight Frank is pleased to offer to the market for sale an operational quarry, with future residential potential (STCA).
The site which sits on 9 ha* has an annual extraction limit of 22,000 cubic metres and has mainly been utilised to source crushed gravel for local developments. There is the ability to continue operations as a quarry or strategically subdivide into four, 2 hectare residential lots of land, two of which have water views overlooking Cremorne and Clifton Beach.
The size of Sandford is approximately 49.2 square kilometres. It has 9 parks covering nearly 11.1% of total area. The population of Sandford in 2011 was 1,902 people. By 2016 the population was 1,882 showing a population decline of 1.1% in the area during that time. The predominant age group in Sandford is 50-59 years. Households in Sandford are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Sandford work in a professional occupation. In 2011, 92% of the homes in Sandford were owner-occupied compared with 92.2% in 2016.
Sandford has 904 properties. Over the last 5 years, Houses in Sandford have seen a 57.65% increase in median value. As at 31 October 2024:
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