Land locked Area for Sale

Discussion in 'Property Analysis' started by dmb1978, 16th Dec, 2015.

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  1. dmb1978

    dmb1978 Well-Known Member

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    Hi all, I was just wondering if anyone can shed some light on this land for sale. It seems a small amount of money and a strange piece of land that has no vehicle access.

    Any ideas why it would be sold in this fashion?

    Lot 165 -, Majura Real Estate For Sale
     
    dmb1978, 16th Dec, 2015
    #1
  2. larrylarry

    larrylarry Well-Known Member

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    Strange indeed. I'd like to know too.
     
    larrylarry, 16th Dec, 2015
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  3. abbyfresh

    abbyfresh Well-Known Member

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    I wonder what the council rates would be an a landlock paddock.
     
    abbyfresh, 16th Dec, 2015
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  4. dmb1978

    dmb1978 Well-Known Member

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    I'm glad I'm not the only one thinking it's strange. I'm tempted to call the agent just to see what the go is. I can't imaging trying to buy a piece of land but having to organise access with the neighbours before the sale can go through!!
     
    dmb1978, 16th Dec, 2015
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  5. larrylarry

    larrylarry Well-Known Member

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    the neighbours could have bought these land for $2K.
     
    larrylarry, 16th Dec, 2015
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  6. Kashmir

    Kashmir Well-Known Member

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    Hmm why can't he just sell it to the neighbours ha "Sale would be conditional upon the ability of a purchaser to arrange and provide evidence of agreements to practical vehicular access through adjoining private landholdings."
     
    Kashmir, 16th Dec, 2015
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  7. larrylarry

    larrylarry Well-Known Member

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    well, that's the purpose of negotiations right? i wouldn't rate the chance high though.
     
    larrylarry, 16th Dec, 2015
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  8. dmb1978

    dmb1978 Well-Known Member

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    I had to ring. Looks like it's Commonwealth land and they have special requirements to sell otherwise they would have given or sold cheaply to the neighbours.
     
    dmb1978, 16th Dec, 2015
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  9. larrylarry

    larrylarry Well-Known Member

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    So are you buying it? ;)
     
    larrylarry, 16th Dec, 2015
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  10. dmb1978

    dmb1978 Well-Known Member

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    No not buying, can't see any potential there. He did say that they have pockets everywhere and that they will be listing another one in Burra NSW for about $100000 as it actually has road access but no building permit.
     
    dmb1978, 16th Dec, 2015
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  11. Wall Street

    Wall Street Well-Known Member

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    "Purchaser must BYO helicopter"
     
    Wall Street, 16th Dec, 2015
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  12. dmb1978

    dmb1978 Well-Known Member

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    Don't joke, the agent mentioned that ahaha
     
    dmb1978, 16th Dec, 2015
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  13. Azazel

    Azazel Well-Known Member

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    That is pretty odd.
    But if the rates were cheap enough...
     
    Azazel, 16th Dec, 2015
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  14. Chrispy

    Chrispy Well-Known Member

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    It looked like you could access by foot via the pathway through the forest. I wonder if you could use it for camping?
     
    Chrispy, 16th Dec, 2015
    #14
  15. dmb1978

    dmb1978 Well-Known Member

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    The rates is an interesting point as its government land there are no current rates but would probably be after sale - agent couldn't provide any info there.
     
    dmb1978, 16th Dec, 2015
    #15
  16. dmb1978

    dmb1978 Well-Known Member

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    Not sure, it says
    Not sure but this is was the zoning means - quite interesting BALLINA LOCAL ENVIRONMENTAL PLAN 2012 - REG Zone RU1 Primary Production
     
    dmb1978, 16th Dec, 2015
    #16
  17. Azazel

    Azazel Well-Known Member

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    Azazel, 16th Dec, 2015
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  18. Scott No Mates

    Scott No Mates Well-Known Member

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    Not too unusual in the world of Telco. Not only do they need a licence to traverse over the neighbouring land but will also need to build the road too. Could be an opportunity if the block is suitable - might be OK for a wind farm or solar farm too based on the most recent Paris climate agreement & Turnbull's statement ;)
     
    Scott No Mates, 16th Dec, 2015
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  19. Bran

    Bran Well-Known Member

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    I've sent that link to my uncle. He has a few hundred acres in Majura, and a helicopter. I wonder if it happens to border his property and if so, would he would even know? Small odds...
     
    Bran, 16th Dec, 2015
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  20. pommy

    pommy Well-Known Member

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    Keep landing the chopper twice a day until the neighbours give you road access (a.k.a. extortion) :)
     
    pommy, 16th Dec, 2015
    #20
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