292 Picadilly Hill Road, Coopers Shoot NSW 2479
292 Picadilly Hill Road, Coopers Shoot NSW 2479
Large acreage hinterland estate | DA-approved new residence plans | level usable land | bushfire overlay | strong school catchments
This property presents a rare, turnkey development opportunity within the Byron Shire, distinguished by its substantial, level parcel with approved plans. The combination of immediate build readiness on practical acreage, absent flood risk, and within sought-after school zones positions it uniquely for a buyer seeking a premium hinterland estate without the typical approval delays. It serves a capital-rich purchaser, either as a future primary residence leveraging the existing house during construction, or as a strategic land bank with instant development optionality.
The primary risk is the substantial price premium over the estimated value range, compounded by the bushfire overlay which will dictate construction costs and ongoing compliance. The significant price paid in 2021 also establishes a high vendor expectation. The commercial logic is to acquire the approved plans and prepared site, thereby de-risking the build timeline and capitalising on the scarcity of such offerings. Proceed strictly contingent on a current valuation aligning the price with the post-2021 market correction and a detailed feasibility study for the approved build. Our analysis would ground your offer in real market valuation and detail the locality-specific bushfire construction and insurance implications.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Coopers Shoot is an exclusive, low-density enclave defined by its luxury acreage estates and commanding views. Demand is driven by affluent, established professionals seeking premium, private compounds, creating a tightly held market with very limited turnover. Recent price appreciation has been robust, reflecting this intense competition for a scarce supply of trophy properties. Future growth remains anchored to its high-end positioning, though significant constraints include extreme affordability barriers and inherent supply limitations due to its boutique scale and environmental overlays.