68 Rankin Drive
Bangalow, NSW 2479

Overview

68 Rankin Drive, BangalowThe asking price is: NSW 2479

This exceptional development opportunity is located in the serene hinterland of Bangalow, offering a rare and expansive landholding of approximately 9.92 acres (around 40,118 square meters). Situated just two minutes from the historic village centre, this property presents a unique chance for buyers and developers to create a bespoke sanctuary amidst the natural beauty of the area.

The site is thoughtfully designed and comprises two separate lots, encompassing three distinct zoning classifications. This diversity in zoning provides flexibility and potential for various development options. The larger, elevated lots are ideal for those seeking to build a premium hinterland residence, while a portion of the land is allocated to the Byron Shire Council as part of the Affordable Housing Contribution Scheme, reflecting a commitment to ethical and community-focused development.

• The land is mostly cleared and nestled in a secluded enclave, providing privacy and tranquility.
• Two separate lots with three carefully selected zonings ensure environmental suitability and development versatility.
• The R2 Low Density Residential zone features minimum lot sizes of 600 square meters and 800 square meters, suitable for residential development with a low-density character.
• The R3 Medium Density Residential zone offers minimum lot sizes of 800 square meters, allowing for medium-density housing options.
• A significant portion of 7,345 square meters is zoned RU2 Rural Landscape, with a minimum lot size of 4,000 square meters, preserving the rural character and natural landscape.
• The larger residential blocks are elevated to maintain the distinctive hinterland aesthetic and ambiance of Bangalow.
• There is strong market demand for both premium vacant blocks and affordable housing, making this a rare and valuable opportunity for developers.
• The property is conveniently located within a short drive or cycle to Bangalow's charming main street, primary school, and showgrounds, enhancing lifestyle and accessibility.

This landmark offering includes picturesque features such as a flowing creek, adding to the natural appeal and potential for creating a peaceful retreat. Its proximity to Bangalow's cafes, shops, and the popular Byron Bay (just 14 minutes away) further enhances its desirability.

Overall, this property represents a versatile and highly sought-after development prospect in one of the region's most attractive hinterland locations, combining environmental sensitivity with excellent community and lifestyle benefits.

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