The next stage of the Valley View Estate residential subdivision in North Cowra is nearing completion.
Subscribe now for unlimited access.
$0/
(min cost $0)
or signup to continue reading
Cowra mayor Bill West said this week 20 new lots will be sold at auction in early February 2019.
“Previous stages of the subdivision were completed in the early 2000’s resulting in the creation of London Drive and Paris Place and 55 residential lots,” cr West said.
“With works expected to be finalised by the end of the year, Council is now positioning itself for the marketing and subsequent sale of the new subdivision lots.”
Cowra Council has taken primary responsibility initially for the marketing and sale of the next stage of subdivision at Valley View Estate.
Various options for selling the land were considered by Council, with the resulting decision for the initial sale of the new lots at Valley View Estate to be sold at auction.
“Council has received strong interest from potential buyers, and through auction, is seeking to create a competitive bidding environment that achieves premium sale prices,” Cr West said.
“Council has also sought expressions of interest from suitably qualified and experienced candidates from the Cowra Shire to represent Cowra Council as a Real Estate Agent for the sale of any of the 20 new lots that do not sell at auction,” Cr West said.
Also making news: