A $190,000 block of land in Sydney! Start rowing

A $190,000 block of land in Sydney! Start rowing
Jonathan ChancellorDecember 7, 2020

There is a building block for sale under $200,000 in Sydney.

The only issue is that it is on Scotland Island in Sydney's Pittwater.

The 72 Thompson Street offering is 1,018 square metres in a bushland setting high above the magnificent Pittwater.

The block sold in 2001 at $165,000 and at $110,000 in 1997.

It came with $299,000 hopes in its initial 2013 offering. The $210,000 asking price was reduced this month to $190,000.

Some 3,000 people are estimated to be living off shore, McGrath agent Gordon Archibald suggests.

It will necessitate plenty of ferries to Church Point and Elvina Bay. The block would seem suitable for a pole home.

Just a bit further north, some nine properties are on the market at Great Mackerel Beach.

The prices range from $495,000 for a vacant block of land at 26 Diggers Crescent.

Great Mackerel Beach is another water-access only community on the foreshores of Pittwater.

There are some issues, including securing parking over at Palm Beach and rubbish collection. 

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.
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