170 Ashwood Road Wilton NSW 2571

15.89 hectares | Wilton acreage | first sale in 50 years | subdivision potential | no heritage overlay This property presents a rare buying case: a 40-acre parcel in the Wollondilly council area, offered for the first time in half a century, with no heritage constraints and sealed road frontage. For a buyer seeking land banking with immediate utility, the existing three-bedroom house is tidy and livable, meaning holding costs are offset by rental or personal occupation while subdivision plans are prepared. The configuration best suits a patient investor or a family wanting space now and the option to create multiple acreage lots later, subject to council approval. The principal risk is the uncertainty around subdivision approval, which can delay returns and add holding costs; a buyer should budget for a feasibility study and council lodgement fees before committing. The opportunity lies in the land’s rarity in a tightening market—similar unencumbered acreage near Wilton is scarce, and the long ownership history suggests low basis risk. Hold the property as a medium-term land bank, using the house to generate income or as a weekend base, and initiate pre-lodgement discussions with council early to de-risk the subdivision pathway.