An absolute quality rural residential property with emphasis on the numerous outstanding home sites overlooking the city of Wodonga. Nothing to compare.
“Spring Gully” Land Area
171 Acres (69.5ha).
“Spring Gully" Location
A most convenient location only 10kms from central Wodonga and 14kms to Albury. An easy three (3) hour drive to Melbourne (approx. 300kms) via Sydney to Melbourne double lane Hume Freeway. Albury and Wodonga are extremely vibrant cities situated on each side of the Murray River and offering exceptional opportunities by way of education, health services, employment, and recreation. Genuine rural cities with a total population of 100,000. Wodonga is regarded as the premier city in North East Victoria, while Albury is regarded as the premier city in Southern NSW. Frontage to both Spring Gully Road and Huon Creek Road.
“Spring Gully" Topography
Originally part of hill grazing property specialising in wool production, “Spring Gully” today remains as hill, granite outcrop country with the higher reaches of the property overlooking Wodonga City and providing homes sites that are unequalled in the whole area. The lower areas of the allotment are of loam type soils with some spring fed dams and seasonal creeks. The emphasis is, again, placed on the splendid home sites.
Spring Gully-Long Gully District
Originally highly regarded farming land, the whole area over recent times has developed into one of the most sought after rural residential areas in the whole of the Wodonga influence area. The combination of easy access, magnificent rural home sites and a genuine rural community has seen the area develop to the stage whereby some forty (40) excellent rural living properties now surround “Spring Gully”. The quality of the surrounding properties assures the investment in the district.
“Spring Gully" Planning Permit
“Spring Gully” is offered on the basis that a planning permit is available from Wodonga City (STCA). The property is zoned F2 Farming Zone allowing for a building permit to be granted on areas of land of 40ha minimum.
It must be noted that because of the extensive development of land of F2 Zoning in the area there is little opportunity to purchase parcels of land that would be eligible for a planning permit.
“Spring Gully" General Improvements
A parcel of grazing land that would support a smaller type cattle enterprise, say 30 to 35 cows and calves or their equivalent. Good fencing, three (3) paddocks, good water, natural pastures and steel cattle yards would facilitate such an enterprise. Established tree lines enhance the appearance of the property.
“Spring Gully" Remarks
“Spring Gully” provides, without doubt, an opportunity to purchase perhaps the most attractive rural residential allotment within the Wodonga City influence area. Because of the zoning and the close proximity to Wodonga, it would seem that maybe the opportunity to purchase such an allotment cannot be repeated in the foreseeable future. The opportunity is there to purchase and build immediately, subject to Council approval, or purchase and use the property as a solid investment into the future.
Note: a smaller cattle enterprise will return say $25,000 to $30,000 per annum.
DISCLAIMER: Whilst every care is taken to supply accurate information our company cannot be held responsible for any incorrect information.
Property Code: 1017
