Project of the Week: 1175 acres (476ha) at Marulan

Project of the Week

  • Marulan
  • 293 Fishers Road
  • $3.25 million
  • Agency: Raine & Horne Goulburn
  • Contact: Zeb Alaia 0408 662 944
  • Inspect: By appointment

“This is a rare opportunity to invest in a large, magnificent holding of land with a massive investment upside,” says listing agent Zeb Alaia.

With 1175 acres (476ha) this could become a profitable working farm.

The other option is to follow through on the redevelopment concept. “With DA approval for eleven 100 acre lots, each with their own unique building envelope on site, this picturesque property is the ultimate investment. Each lot boasts panoramic views, dams and new fencing.”

In terms of the practicalities for a subdivision, a few kilometres of road would be built, and there’s already material for the bridge. And as an indication of time frame for such a project, Mr Alaia noted another redevelopment in Marulan that took about 14 months to complete.

Read More:Property news

As for the farm idea, there’s “rolling paddocks, 50 acres sown to Lucerne, shady trees, natural bush, stunning escarpment views, great water catchment with 3km of Jerrara Creek frontage, as well as cattle yards to run 300 head.

“You will not find a better piece of real estate in this location for the money.”

Call to inspect now.

This story Farming or a lifestyle development first appeared on Goulburn Post.