Lot 26 in DP 803732 at Canobolas, LGA Orange, Parish of Orange, County of Wellington. Known as “Wahgunyah Orchard”, 264 Canobolas Road Orange, NSW 2800. Zoning is Rural.

The property area is approximately 28ha, and it is located 5-6 kms from Orange Post Office. There are 2 houses (both rented at $320/week and $180/week). The property is split by Canobolas Road and is primary rural land, sown to lucerne, for hay production.

There are significant panoramic views to the north and west across the city of Orange and Mt Canobolas. There is ample surface and ground water for irrigation, livestock and domestic use. The dam (10-15 mgl) on the lower land parcel and bore (2,000 gals per hour) are both licensed. The property also has 2 large storage sheds and out buildings. Electricity and communication services are connected to both land parcels. There is no town water.

Potential

Currently there is a ‘primary residence’ on the lower land parcel and the ‘secondary residence’ is an old cottage on the higher land parcel, to the south of Canobolas Road. There is a potential opportunity for the construction of an attractive new house on a site on this land parcel, by demolishing the cottage and relocating the house on a favourable position along the elevated land area. Currently zoning and Council requirements don’t permit the property to be split up and there are no additional building permissions.

Construction of a new premise would be conditional on demolishing the existing residence and also reclassifying the dwelling on the lower land parcel to the ‘secondary residence’, and making the new residence the ‘primary residence’.

Otherwise the current regulations state that the secondary residence can only be 60% (in size) of the ‘primary residence’.

The property is not zoned for rural residential development; however opportunities may emerge for this type of development over a 3-10 year timeframe, with potential changes to zoning and local government requirements.

The Site may be suitable for a ‘special use’ enterprise (e.g. tourism or accommodation venture), however this would be subject to a separate DA and rezoning through Land and Environment regulatory processes.

Along with rental from the current houses on the property, and proceeds from the sale of the lucerne, rental on storage sheds is also a potential additional revenue stream.