Wollongong City Council-owned land at 231 Sheaffes Road in Stream Hill has gone on the market.
The proceeds from the sale of the land will contribute to funding social, recreational and cultural amenities in the West Dapto release area, said Lord Mayor, Gordon Bradbery AM.
“This is a big step for the West Dapto community as it’s a positive way forward in terms of delivering on the promise of offering new and improved social, recreational and cultural amenities in this area.”
The land was purchased by Council more than 30 years ago. The intention at the time was to hold onto the land for redevelopment and environmental protection. Council resolved to sell the land as a way to contribute to housing supply in the area last year.
The 38.62ha site is home to one of the oldest homesteads still standing in the Wollongong Local Government area, with the building made out of sandstone mined on the property.
The homestead, and its outbuildings, are listed as items of local significance within the Wollongong LEP 2009.
“This land has been rezoned since coming into Council’s ownership and has both R2 Low Density Residential and C3 Environmental Management zonings on the property. This means there’s the opportunity to provide some low-density housing in a residential environment while also protecting, managing and restoring areas with special ecological, scientific, cultural or aesthetic values,’’ Lord Mayor Bradbery said.
“The property is split on both the northern and south-western sides of Sheaffes Road, and Council has registered a positive public covenant to ensure the heritage items are protected and developed consistent with a full heritage assessment. The decision to put this land on the market is really about opening up the opportunity for more families to have the opportunity to purchase land and build homes in this location.’’
For more information about the land sale visit: 231 Sheaffes Road, Dombarton, NSW » MMJ Real Estate.