Located in prestigious Sawtell Gardens Estate, this block provides a unique opportunity to live amongst the backdrop of preserved, native bushland on one of the largest available blocks on the Coffs Coast.
For the naturalist dedicated to helping preserve bushland, the BioBanking agreement on this 1.9ha block provides both guidance and a small yearly income (as detailed below). A 500sqm building envelope has been allocated to the northwest portion of block with an asset protection zone that will double as a spacious backyard.
The BioBanking Agreement, made between the owner of the property and the NSW Government, is structured to encourage maintenance of the bushland to help promote native plants and trees while discouraging non-native or diseased and harmful plants. The owner will be responsible for managing and nurturing the bushland in accordance with the biobanking agreement.
This is a rare opportunity to live on 1.9ha, close to shops and services, while still surrounded by protected bushland.
BIOBANKING PAYMENT SCHEDULE
First year: $11,330.00
Second year: $3,960.00
Third year: $2,970.00
Fourth year: $2,970.00
Fifth year: $2,420.00
Sixth year: $2.420.00
Seventh year: $1,430.00
Eighth year: $440.00
Ninth year: $1,430.00
Tenth year: $660,00
* Large 1.9ha block in boutique subdivision
* 500sqm building envelope
* Biobanking agreement will preserve natural bushland
* Set in a desirable location in an established neighbourhood
* Short drive to shops and cafes of Sawtell