Property

This North Lismore land is dirt cheap - but there's a catch

FULL OF POTENTIAL: Land in North Lismore can’t be built on, but can be used in other ways.
FULL OF POTENTIAL: Land in North Lismore can’t be built on, but can be used in other ways. Cathy Adams

YOU can't build on them, but the 29 North Lismore lots going under the hammer today offer a wealth of other creative options.

The lots are in the middle of the North Lismore flood plain, so have no building entitlements.

But with limits come possibilities.

And one of the most charming things about flood prone Lismore's north is its idyllic rural charm, complete with horse paddocks and bush blocks just a few hundred metres from the city.

Selling agent Neil Short from Lismore agents Ian Weir and Son said one option for the parcel was a large-scale community garden, or commercial market garden.

"You could grow your own vegies in the middle of town," he said.

"Or a horse paddock for the kids to ride.

"Or even just your own little private soccer field for the kids to play."

Mr Short said he expected the lots, which are being sold as a single parcel, to fetch between $20,000 and $50,000.

"If 29 people all want their own market garden they could all have their own freehold title," he said.

Readers' ideas on how the land could be used

"Town water's not connected but it's available, and for the cost of less than $500 to the council and the cost of your own plumber to install it, you can have water on the block."

The lots add up to about 1.4ha of inner city rural land and each block averages between 400 and 500sq m each.

There's no reserve.

The lots are being sold to wind up an estate.

They were used as horse paddocks by the Ackley family, whose name goes back decades in the area.

Mr Short speculated that Lismore City Council could even use its fund designated for house buybacks in flood prone areas of South and North Lismore, and create a community garden or a park.

"If they had any money, they should be able to buy this."

Topics:  floods, land, north lismore, property




Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

3 easy dinner recipes your kids will love, and so will you

No Caption

THERE is a middle ground! Dinners fit for kids and adults.

How to reduce your child's risk of food allergies

ABOUT 90% of food allergies are caused by just seven foods.

5 good mental health habits for kids (and parents)

CRYING OUT FOR HELP: The demand for counselling support for children and young people is increasing.

FORMING good habits early is critical for your child's mental health.

Smack or no smack - where do you stand?

THE debate is reignited - is smacking acceptable?

Susie O'Neill: Why I stopped smacking my children

Swimming legend Susie O'Neill says she has stopped smacking her kids.

“I (smacked) because that’s what I knew growing up."

Introducing a step-parent into the family

Introducing a step-parent into the family can be stressful for the children, as well as the new parent.

THERE is no easy way to introduce a step parent into the family.

Fight is on for rugby league legend Niko after stroke

Niko with his wife Carolyn and children Aiseah (16), Noah (8), Jonah (4) and baby Laisa.

“When the kids' names are mentioned he seems to respond"

The day it snowed on the Northern Rivers

Snow clouds over Mount Nardi, July 3, 1984.

It happened once, so it could happen again

Your chance to see the world’s largest crystal

Naren King with The Enchanted Cave, the world's largest  largest amethyst geode, which is now at its new home at the Crystal Castle.

This 20-tonne amethyst is on public display from today

Latest deals and offers

Justice Lucy McCallum

Justice Lucy McCallum

Justice Lucy McCallum says she reduced Oliver Curtis's sentence due to comments...

$1 million cannabis seizure

Police discuss a huge cannabis seizure and the arrest of seven men.

Perisher has 50cm of snow

Resort to open after 50cm of snow.

Smiggin Holes and Blue Cow to open after 50cm of snaow falls in Perisher valley.

OPINION: Should we give up the great Aussie dream?

Generic housing Rural View.

First home buyers are struggling big time

Commercial Property June 16 edition

SNAPPED UP: A sushi shop in a106sq mground-floor tenancy with a 43sq moutdoor area in Southport Central Towers on the Gold Coast has sold for $954,000.

RealCommercial edition June 16, 2016.