100 DAVEY ROAD
TABLE TOP INFORMATION MEMORANDUM
Executive Summary
On behalf of our client, David Stean of Stean Nicholls is pleased to present an opportunity to acquire a rare land development opportunity. This future land subdivision with the potential for 600+ Lots (STCA), Zoned R1 General Residential is situated in one of Albury’s designated growth corridor. This asset offers significant potential for both residential developers seeking to expand into a highdemand market and/or Investors looking to capitalise on Albury’s strategic growth trajectory.
Tap into Albury’s growth corridor and capitalise on its increasing demand for quality residential living.
Unlock the potential of this expansive land parcel spanning 57.098 hectares (141.09 acres) in total, strategically positioned off the Davey Road exit—a pivotal gateway to Albury’s thriving community. This significant site, comprising two titles, promises unparalleled prospects for residential development.
Planning Documents Available
• Albury Local Environmental Plan 2010
• Thurgoona Wirlinga Structural Plan (2012)
• Thurgoona Wiirlinga Discussion paper (2024)
• Thurgoona Link Road Project
• Habitat Planning Advice Report
• Yield Assessment Document
Executive Summary
Property: 100 Davey Road and Elizabeth Mitchell Drive, Table Top NSW 2640
Title Details – Lot 12 in Deposited Plan 1031998 and Lot 22 in Deposited Plan 1191688 and being the whole of the land in Folio Identifiers 12/1031998 and 22/1191688
Total Site Area – 57.098 Hectares / 141.1 Acres / 570,980m2 (approximately)
Lot 12 - 8.338Ha / 20.263 Acres / 83,380m2 (approximately)
Lot 22 – 48.76Ha / 120.489 Acres / 487,600m2 (approximately)
Outgoings
Council rates
$2,942.97 per annum (approx.)
Water and sewerage rates TBA
Zoning R1 General Residential
Planning authority
Sale Process
Albury City Council
Expressions of Interest – Closing Tuesday 12 November at 1pm (AEST)
Terms: 10% deposit, balance 30/60 days.
Agent Details – David Stean / Stean Nicholls Projects / 0407744478 / david@snprojects.com.au
Highlights
100 Davey Road is geographically positioned in the ‘growth corridor’ of Albury, 500 meters from the Hume Freeway/Davey Road on/off ramp, this strategic location is on Australia’s main transport corridor which allows for easy access to Albury and all its amenities.
LOCATION
• 500m from Hume Highway On/Off ramp (Davey Road)
• 13kms from Albury CBD
• 11kms from Albury Airport
• 19kms from Wodonga CBD
• 338kms from Melbourne CBD
• 540kms from Sydney CBD
• 219kms from Canberra CBD
REGION STATS
• Albury/Wodonga population 101,793
• Albury/Wodonga is recognised as Australia’s 20th largest city
• Largest industry sector is health care and associated social assistance, retail trade and manufacturing
• The Albury Wodonga economy is strong with a combined gross regional product of $7.667 Billion
• Albury/Wodonga’s population is forecast to hit 125,000 by 2036
• 52% of Albury/Wodonga’s population are between 20-59 years
• 28% own their own home
• 10% were born overseas
Around The Area
Albury is a major regional city in New South Wales, located on the Hume Highway on the Northern side of the Murray River, while its twin sister Wodonga lays on the southern side of the Murray River in Victoria. Albury has an urban population of over 50,000 and a combined population of over 100,000 with Wodonga.
Located just 533 km to Sydney and 325 km to Melbourne, Albury is considered a major transport link between NSW and VIC, both road and railway. With 46 major projects underway, the Albury-Wodonga region is a growing, vibrant, and tranquil destination where locals and visitors can find time to stop, relax, unwind, and explore.
The Albury City Council is underpinned by their Community Strategic Plan called Towards Albury 2050. Towards Albury 2050 provides a long-term approach and plan for the future of the community. The plan is structured under four strategic directions or themes – A Growing Sustainable Economy, An Enhanced Natural Environment, A Caring Community and A Leading Community. For more information, you can visit https://www.alburycity.nsw.gov.au/council/future-planning/ albury-2050
The City of Albury, located in Wiradjuri country, has a bustling economy, world-class medical and health services, a vibrant cultural and artistic scene, sporting facilities to rival those of the capital cities. Albury has a cosmopolitan feel that reflects a unique multicultural heritage.
SCHOOLS IN THE AREA
DAVEY RD LOT 12
LAND BUDGET
steannicholls.com.au 02 6021 5233 Suite 1, Unit 19, 669 Dean Street, Albury
Disclaimer
The information contained in this information memorandum has been prepared in good faith and due care by the Vendor and Stean Nicholls. Any projections contained in the information memorandum therefore, represent best estimates only and may be based on assumptions.
The information contained herein is supplied without any representation as to its truth or accuracy. All interested parties should make their own enquiries to satisfy themselves in all aspects and obtain their own independent advice in order to verify any of the information. All stated dimensions and areas are approximate.
The vendor does not represent or warrant the accuracy of any information contained in this document. Subject to any statutory limitation on its ability to do so, the vendor disclaims all liability under any cause of action, including negligence, for any loss arising from reliance on this document. Specifically, we make the following disclosure:
All areas, measurements, boundaries, building outgoings and rents are approximate only and subject to final confirmation;
The information contained in this document is provided as a guide and an aid to further investigation by potential purchasers. Prospective purchasers should seek legal, financial and other appropriate expert advice in order the verify the accuracy of the information presented in this document.
GST Disclaimer
Stean Nicholls advises that the financial information in this report relating to income, outgoings and the like is provided without reference to the possible impact of GST, if any. Purchasers should make their own assessment of the impact of GST on the investments and the returns derived there from after obtaining expert professional advice.