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Home For Sale

Asking Price (AUD): 620,000 — $675,000

Type: House

Land (sqm): 2064

Bedrooms: 3 Prop-GPT: Bedrooms  Bathrooms: 1 Prop-GPT: Bathrooms  Car parking spaces: 1 Prop-GPT: Car parking spaces


Prime Development Opportunity

Unlock the potential of this exceptional A grade development site, ideally positioned in the heart of Taree.

Set on an expansive 2,064m2 approx parcel of land, the property currently features an established residence with DA-approved plans for four additional dwellings offering an immediate upside and a clear pathway to maximise your investment.

The existing home is currently leased at $400 per week, with a scheduled rental increase to $440 in November, providing holding income as you aim for the next phase of development.

With its prime location, scale, and approved plans in place, 12 Milligan Street Taree is a rare development gem in one of the Mid North Coast's most promising regional hubs.

Opportunities like this are tightly held and rarely offered. Don't miss your chance to secure a standout site in a rapidly growing area.

• Approved plans for 4 additional dwellings in the next Stage
• 2,064m2 approx. offering excellent scale for future growth
• Adjoining the Chatham Shopping Centre, bakery and cinema, unbeatable convenience for future residents
• Three schools within a 1km radius, perfect for families
• 2.3km to Taree Train Station, ideal for commuters
• 2.7km to Manning Base Hospital
• 3km to Taree CBD, offering shopping, dining, and essential services
• Hourly bus service
• Contact us for a copy of the DA approved plans. Extensive research has been completed including soil testing, drainage, water, sewer, power, building plan, mostly all you have to do is start building.

Due to tenant arrangements, inspections are limited to Saturday's open home.

Address

12 Milligan Street, Taree New South Wales 2430, Australia 2430

Taree, NSW 2430, NSW

Other Facilities/Amenities: http://raywhitemanningvalley.com.au/L30287043





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