40 Morton Avenue

Yass NSW 2582

WELL LOCATED AND WITHIN EASY WALKING DISTANCE TO THE YASS CBD THIS LARGE 4.4 HECTARE PARCEL REPRESENTS A RARE AND UNIQUE OPPORTUNITY FOR FUTURE RESIDENTIAL DEVELOPMENT IN THE TOWNSHIP. THE PROPERTY HAS DA APPROVAL FOR DEVELOPMENT OF 40 RESIDENTIAL LOTS AVERAGING 875SQM WITH A RESIDUAL LOT OF 3273SQM USED FOR PUBLIC OPEN SPACE.
YASS TOWNSHIP IS AN ATTRACTIVE AND POPULAR LOCALITY IDEALLY SITUATED CLOSE TO CANBERRA AND OTHER REGIONAL CITIES. ONGOING IMPROVEMENT TO TOWN AMENITIES ALONG WITH INCREASING INDUSTRIAL AND COMMERCIAL ACTIVITY (INCLUDING MAJOR RETAILERS SUCH AS WOOLWORTHS, FRANKLINS, ALDI AND GO LO) SEES POPULATION GROWTH BEING MATCHED BY RISING REAL ESTATE VALUES WHICH HAVE BEEN MOST NOTABLE IN THE PAST FIVE YEARS. UPGRADING OF THE BARTON HIGHWAY HAS COMMENCED MAKING THE COMMUTE BETWEEN YASS AND CANBERRA MORE AND MORE ATTRACTIVE TO THOSE SEEKING THE COUNTRY LIFESTYLE WHILE STILL SECURING AN INCOME IN THE NATION'S CAPITAL.
AS A RESULT YASS CONTINUES TO EXPERIENCE A MARKED INCREASE IN SALES OF BOTH RESIDENTIAL LAND AND HOUSE & LAND PACKAGES OFFERED BY BUILDERS. SALES OF SPEC HOMES ARE ACHIEVING ABOVE $500,000 DEMONSTRATING STRONG ACT BUYER CONFIDENCE IN THE LONG TERM GROWTH AND FUTURE OF THE TOWN.
DEMAND FOR DEVELOPED RESIDENTIAL LAND IN YASS WILL SHORTLY OUTSTRIP SUPPLY MAKING THIS 4.4 HECTARE PROPERTY IDEALLY POSITIONED TO MEET FUTURE DEMAND. BOASTING NEAR LEVEL BUILDING SITES ON RICH RED BASALT SOILS AND WITH SERVICE UTILITIES READILY AVAILABLE THE PROPERTY PROVIDES COST EFFECTIVE OPTIONS AND WILL IDEALLY SUIT BUILDERS LOOKING TO PROVIDE HOUSE / LAND PACKAGES.
AN EXISTING RESIDENTIAL DWELLING AND AGISTMENT OPPORTUNITIES CURRENTLY PROVIDE RENTAL IN EXCESS OF $10,000 PER ANNUM.
THE PROPERTY IS FOR SALE BY ''EXPRESSIONS OF INTEREST''