* “Chisolm Park” is a prime englobo residential property situated at 56 Kerr Road (also known as 56 Chisolm Lane) Thurgoona NSW. The property is rectangular in shape with an area of 14.03 hectares (34.67 acres) and a frontage of 225.95 metres to Kerr Road.
* The land is ideally located in Albury’s primary nominated Thurgoona-Wirlinga growth corridor just 5 minutes from the Thurgoona Shopping Centre and 10 minutes from the Albury CBD.
* Albury is experiencing an annual population growth rate of 1.7% which exceeds the national average. However, the growth rate of Thurgoona is well in excess of this at around 2.8%. The Thurgoona-Wirlinga growth corridor will accommodate most of Albury’s residential growth in the coming decades expecting to push the City's population beyond 100,000 in the next 50 years.
* Thurgoona already boasts a wide range of social, educational and recreational facilities in close proximity to the subject land including shopping centre with a new Woolworths Supermarket as the anchor tenant, Thurgoona Golf Club and Resort, Charles Sturt University, TAFE Environment Centre, primary schools, aged care facilities, a network of environmental reserves, walking trails and other recreational facilities. Distances by road:
* 11 km to the Albury Post Office in the Albury CBD
* 8.6 km to the Hume Dam wall
* 2.6 km to Thurgoona Plaza shopping centre
* 2 km to Thurgoona Golf Club
* 2.9 km to Charles Sturt University
* 9.6 km to Lavington Square shopping centre
* A 30 square brick veneer dwelling is situated on the land comprising 3/4 bedrooms, central office, slate bathroom, sunken lounge with 13 square living area, double lock up garage, large outdoor entertainment area and a swimming pool. The house also comes with a 50m x 30m machinery shed with concrete floor and power connected. The house is connected to electricity, town water, telephone and internet and has a septic tank for onsite effluent disposal. The house has a stable tenant and generates rental income of $600 per week.
* Natural gas is available across the road but not connected. Sewerage and town water is available and connected.
* The land is zoned R1 – General Residential Zone pursuant to Albury Local Environmental Plan 2010.
* The Albury City Council has prepared a Thurgoona Wirlinga Precinct Structure Plan. The primary role of the Precinct Structure Plan is to deliver a framework for the future development of the Thurgoona-Wirlinga growth corridor and to provide an urban development structure/pattern that will facilitate a coordinated approach to land development in the area. A copy of the complete document can be downloaded from the Albury City Council’s website at http://www.alburycity.nsw.gov.au/building-and-planning/planning-strategies-and-controls/thurgoona-wirlinga-precinct-structure-plan
* The property is described as Lot 2 DP1004069 being all that land contained in Folio Identifier 2/1004069.
* Development Consent No 10.2015.33581.1 was issued on 7 October 2015 for a 134 lot Torrens Title Subdivision of the land with lot sizes ranging from 611m² to 1,055m² and an average lot size of 800m².
* The approved plan of subdivision provides for the subdivision to be staged as follows: -
* Staging Schedule
Stage - No. of Lots
1 - 26
2 - 22
3 - 14
4 - 15
5 - 15
6 - 11
7 - 16
8 - 15
Total 134 lots

* The price of the land is $4,000,000 excluding GST (if applicable).
* Generous vendor terms are available (negotiable).
* For further information regarding the sale of this property please contact the selling agent, Georgette Nehme on 0414 013 819.
* Further information regarding Albury's population growth forecasts, economic profile, vacant land monitor and construction statistics can be found on the Albury City Council’s website at http://www.alburycity.nsw.gov.au/business-and-investment/statistics-strategies-and-reports.