Just under 50 acres adjoining part of the current Oyster Harbour Estate with obvious potential for future rezoning and sub-division - this is a rare opportunity indeed! Around 1km from the shores of Oyster Harbour and less than 10km to central Albany, the location is superb.An ideal property to landbank or simply build a dream home and set yourself up on a large parcel of land with the convenience of nearby shopping, schools, parks and a short trip to Albany CBD. Current grazing activities benefit from good pasture, well maintained fencing and a 20m x 12m general purpose shed.Highlighted in the current City of Albany Strategic Plan with a recommended zoning of "Future Urban" (new Strategic Plan currently before council), it is likely that zoning will change from it's current status as "General Agriculture" to one allowing significant development and subdivision.Features:* 18.86 hectares or 46.64 acres of land* 300m (approx.) frontage to Elizabeth Street* Sewer line runs along Eastern boundary* Large 20mx 12m GP shed with power* Mostly cleared with section of bush at Southern end* Good pasture and water from natural soak* Abutting very successful Oyster Harbour Estate* Zoned General Agriculture with ALPS recommendation to rezone to Future Urban or Urban GrowthFor further information or to meet onsite, please contact Rob Mason on 0411 615 806 or rob@masonrealty.com.au Offers close Friday June 7th 2019 at 4pm.
The size of Lower King is approximately 9.2 square kilometres. It has 5 parks covering nearly 3.7% of total area. The population of Lower King in 2011 was 1,738 people. By 2016 the population was 1,827 showing a population growth of 5.1% in the area during that time. The predominant age group in Lower King is 10-19 years. Households in Lower King are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lower King work in a professional occupation. In 2011, 79.8% of the homes in Lower King were owner-occupied compared with 82.4% in 2016.
Lower King has 952 properties. Over the last 5 years, Houses in Lower King have seen a 71.52% increase in median value, while Units have seen a 14.24% increase. As at 31 October 2024:
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