Former Ausgrid sites for sale on Sydney’s North Shore

Harrison said that the properties were also attracting the interest of the “first buyers of houses and only buyers of mom and dad who look at him as an entrance to fairly rich suburbs”. The dimensions of the blocks made the price “very convenient for those areas based on other sales that surround them”.

“Those buyers are therefore evaluating what they can actually do there. Almost all the questions we are receiving from the buyers are (if they) can make a sort of home.

“But they are limited because they are obviously small sites, you have the various restrictions on the building of the standard council … (e) there is an electric kiosk on the site, so there is a servitude that is created around that.

“It is not for everyone. You will have to be creative in terms of what you build. But there are some people with good imaginations and who try to seize the opportunity.”

Some of the sites, including in Lane Cove (499 square meters) and Willoughby (227 square meters), are on larger blocks.

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“People talk about making bachelor’s style properties and things like that,” Harrison said.

Nicholas Taylor-Fishk, an agent of buyers with PropertyBuyer specialized in Sydney’s North Shore, in the internal district of West and Hills, said that the ownership of Hunters Hill was “unusual”. As in any case, the value of the soil would be assessed considering “the highest and most better use of the soil”.

“For me, it has more value for an adjacent owner. I can’t see how it will potentially be redeveloped due to the size of the earth and its form,” he said.

The two road facades would be “a real bonus if the earth were larger,” said Taylor-Fiction.

The neighbors triggered a similar property in nearby Gale Street, Woolwich. The owners of a multimilionary terrace with views on the port bought the former Ausgrid site next to $ 320,000 in 2023. They want to extend the house in the space of 126 square meters.

It is expected to install a smaller kiosk subosit on the Woolwich website, allowing you to dismantle a larger brick structure that prevents redevelopment.

A spokesman for Ausgrid has declared that the electricity distribution company “regularly examines the land it has in order to dispose of the properties that are no longer completely in use by the network”.

The ownership of Hunters Hill “was previously an ausgrid good and is one of the numerous Ausgrid sites of the past currently on the market”.

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“The disposal of excess properties reduces maintenance and maintenance costs that lead to current bubbles for Ausgrid customers.”

The spokesman said that the properties have sometimes been sold with “operational activities still in place … like green electric kiosks”.

“While these activities will still be maintained by Ausgrid, the rest of the land will have unlocked for a series of uses, without prejudice to the division approvals in areas and the Council.

“Feedback from past and potential purchases suggest that there is a wide range of potential uses for the old Ausgrid sites that could be appropriate, including parking lots, art studies, grandmother dishes, spaces for hobbies, community gardens and even small coffee. “

The Hill Hill property is residential with low density divided. A council spokesman said that “the Council has minimal dimensions for division … ranging from 700 square meters to 1000 square meters”.

“The Council also has significant planning checks that would influence any proposed development. Potential buyers should investigate the site’s development potential.”

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