Property Details for 164 Bushland Dr, Taree
Last Listing description (October 2023)
The picturesque Manning Valley Region on the Mid Coast of NSW is experiencing significant growth and as a result demand for residential housing is strong.
Opportunity knocks for the astute developer to invest in an 8.417 ha parcel complete with DA approval for 52 residential lots + Basin.
A submission for subdivision work certificates and modification to add a further 29 lots plus 3-stage Basin has been lodged for approval, expected by the end of June 2023. There is also potential for a further 12 lots by subdividing lot 54 (New DA to be lodged).
Neighbouring the Northern Gateway Transport Hub and employment precinct, this expanding location is approx. 10 minutes to the A1 Pacific Highway and nearby well established infrastructure including hospital, transport, commercial precinct, golf course, schools, and Taree CBD.
Surrounded by hidden gems and the fresh fishing waters of the Manning River, this picturesque area continues to thrive and little wonder with access to an array of spectacular swimming and surfing beaches, coastal scenery, boutique wineries, rainforest walks, National Park, and State Forest. The Manning Valley offers its residents a wonderful lifestyle supported by an ideal environment and climate.
With solid pre-planning and a strategic framework in place a rewarding project awaits the insightful investor.
Property Descriptions
- 8.417ha Development Site-DA approved for 52 lots
- Lodgement for modification to include further 29 lots
- Potential for additional 12 lots by subdividing lot 54
- Approvals expected by end of June 2023 including SWC
- Neighbouring progressive Northern Gateway Transport Hub
- On the edge of Commercial precinct nearby infrastructure
- Strategic frameworks & effective planning stages in place
- High growth area with access to array of lifestyle facilities
- Great opportunity for the insightful investor-entrepreneur
For further information please contact Greg Bates today on 0418 112 025.
The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.
Property History for 164 Bushland Dr, Taree, NSW 2430
- 23 Aug 2023Listed for Sale $3,000,000
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About Taree 2430
The size of Taree is approximately 47.8 square kilometres. There are 44 parks, covering nearly 5.7% of the total area. The population of Taree in 2016 was 16197 people. By 2021 the population was 16715 showing a population growth of 3.2% in the area during that time. The predominant age group in Taree is 60-69 years. Households in Taree are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Taree work in a community and personal service occupation.In 2021, 58.70% of the homes in Taree were owner-occupied compared with 58.50% in 2016.
Taree has 9,706 properties. Over the last 5 years, Houses in Taree have seen a 41.19% increase in median value, while Units have seen a 29.12% increase. As at 31 July 2026:
- The median value for Houses in Taree is $536,838 while the median value for Units is $390,167.
- Houses have a median rent of $500 while Units have a median rent of $400.
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