Ray White’s Rob Linnehan is marketing a major tourism 75.43 hectare site near Mudgee in New South Wales and close to the historical Gulgong Village which is the heritage town featured on the original $10 note with its streetscapes and original buildings.

The Mudgee/Gulgong district is 3.5 hours driving time from Sydney is and renowned for its food and wine offerings. Galambine itself is a small rural area 221 kilometres from Sydney covering an area of 58 kilometres with a small population of under 100.

The property on offer is currently used for grazing on a casual basis and is being offered for sale with vacant possession.

Located at 313 Magpie Lane, Galambine, on the corner of Guntawang Road, the 75.43 hectare site adjoins high quality vineyards which have been established to utilise the highly fertile soil. Vineyards adjoin on three sides.  Nearby in the locality are renowned horse studs with national and international reputations.

The property has a Rural RU 4 zoning which allows for sustainable primary industry and other compatible land uses.

The current development approval was granted in 2011 and allows for bulk excavation and internal site access works. Development opportunities provide for over 130 resort and accommodation units and provision for 13 community title allotments of approximately 4500 square metres in area. There is the potential (STCA) for further small acreage and conventional residential subdivision.

Power supply is available nearly and will need to be amplified. Town water supply is available from the nearby Gulgong townships and can be connected by pipe. Alternatively, water can be extracted by way of water entitlement from the nearby Cudgegong River. The approval plans provide for a package water treatment plant, a package sewerage plant and a waste management facility.

Mr Linnehan said the well located site offers an exceptional opportunity to develop an approved accommodation facility including resort style units, dwelling houses and farm buildings.

“This expansive site features major road and side lane access and lends itself to both future small acreage subdivision and conventional residential subdivision (subject to zoning amendments and council approval),” he said.

The property is expected to sell for $4 million plus with GST if applicable. *Development STCA.

To request a copy of the Information Memorandum please contact the marketing agent Rob Linnehan of Ray White via the contact details below.