If a lifestyle property is what you're chasing then you will not be disappointed with this magnificent, slightly elevated, 4.2 acre block. For those of you looking to invest this has been previously approved for an 18 lot residential subdivision so will tick the opportunity box. A COVENANT is registered on the title which states that placement of a residential building including a single house on the lot must have reticulated water and sewer BEFORE being granted approval.The lot is tucked away at the end of Little Oxford Street which feels as if you were miles from anywhere, yet with the luxury of being close enough to town. It is so quiet and peaceful around here that this charming property really will sell itself at first glance.Arriving at this farmland block certainly provides you with that wow factor! Sleepy, country living yet only 7km from town. It's difficult to not be seduced by the landscape here. The tranquility and beauty of the surrounding bush is dreamy and you'd be spoilt for choice when trying to choose where to build your country manor house. One can imagine wide stretches of verandas overlooking the land, high ceilings and big open plan areas taking in those enviable views.The property is cleared, yet there still remains a variety of well-established trees upon the overall block and includes a 6m x 10m shed, tall enough for the boat and caravan or three cars. The secure shed has a concrete floor and plenty of natural light.This desirable lot is well drained with lush grass to keep your stock in good hands and provides the opportunity for income from hobby farming. If you're eager to get started and create that hobby farm for your family, then existing fenced and gated paddocks are already in place as well as a large fenced and secure chicken pen.South Coast Highway, schools and shops are all within easy reach as well as the Merrifield Park Tennis Club only a short stroll away. Not that you'd think you were close to anywhere once standing in the middle of this vacant property enjoying the ambiance of the Australian bush and the open space.Come home and unwind from a busy day and simply enjoy the soothing sounds of nature and the spaciousness not offered in suburbia.What you should know:- Superb 1.702 Ha/4.2 acre block- Residential building covenant applies- Edged by native bush- Perfect for hobby stock or horses- Enviable shed & chicken pen- Relaxed rural lifestyle- 7k from town- Perfect development opportunity of 18 lots (previously approved)- Zoned Residential- 2019/2020 Water Rates $264.35- 2019/2020 City of Albany Rates $1,399.52
The size of Gledhow is approximately 6.6 square kilometres. There are 2 parks, covering nearly 1.1% of the total area. The population of Gledhow in 2016 was 975 people. By 2021 the population was 1079 showing a population growth of 10.7% in the area during that time. The predominant age group in Gledhow is 10-19 years. Households in Gledhow are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Gledhow work in a trades occupation.In 2021, 81.50% of the homes in Gledhow were owner-occupied compared with 77.70% in 2016.
Gledhow has 618 properties. Over the last 5 years, Houses in Gledhow have seen a 101.72% increase in median value. As at 31 July 2026:
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