land

Incredible chance to snap up prime plots of land

PHOTO: The Haberfield, Sydney ex-military base (left) will be broken down into 21 lots

  • 19,000sqm plot of land in sought-after Sydney suburb to go on sale in months
  • The base will be broken down into 21 lots together valued at up to $60million
  • Tight planning regulations though regulate what buyers can build on the land
  • Homes must be single-storey and built off the ground to protect from flooding
Sydney real estate

Sydney real estate mystery: the $18m inner-city land untouched for 18 years

Tight planning controls in the historic ‘garden suburb’ mean buyers can only build single-storey homes on the land.

Pictured: The vast vacant lot in Haberfield in Sydney's inner-west set to go on sale within months

Pictured: The vast vacant lot in Haberfield in Sydney’s inner-west set to go on sale within months

The homes must also be built off the ground as the site is prone to flash flooding.

‘When people put in an application to build, they’re probably going to be disappointed,’ Inner West councillor Lucille McKenna told ABC News.

‘You can’t build a two-storey home in Haberfield – it’s very limited with what you can do.’

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