91-99 Jubilee Street, Townsend NSW 2463

Large development parcel | 1.15 hectares | rare suburban infill site | suited to developers or land bankers | no recent comparable sales data. This property is competitively rare as a hectare-scale residential parcel in Townsend, positioned as the final major redevelopment site rather than standard housing stock. Its low building coverage and residential zoning within Clarence Valley Council makes it best suited to developers, investors, or owner-occupiers seeking substantial land holdings. The available NBN Fibre to the Curb and 5G coverage support modern occupancy, while no detected bushfire, flood, or heritage overlays reduce immediate planning constraints. The property’s size and listing framing distinguish it from typical suburban lots, offering a unique opportunity for land banking or staged development. The value of this property may be materially affected by its lack of recent comparable sales, making price benchmarking speculative. Its last sale in 1995 provides no current market context, so buyers should weigh redevelopment feasibility and timing against holding costs. The low-lying ground elevation at 11 metres, despite no flood overlay, might warrant due diligence on drainage or soil conditions. The property’s appeal depends on buyer appetite for land-heavy holdings and the clarity of local planning pathways, which could influence both sale price and future returns.