This block is perfect for adventure and only 40 mins from Newcastle where else can you buy a large holding so close to town and less than $1000 per acre it is unheard of in 20 years. There is a building site close to the road and features lots of tracks and natural bushland with plenty of wildlife. The holding has been in a Bio banking scheme and still receives an income from the scheme. The majority of the property, all but 1 ha, is under a biobanking agreement. The income from said agreement varies depending on the term of ownership. The agreement essentially requires the owner to maintain the property by way of pests and invasive flora and fauna, maintenance of boundary fences, and fire trails. The basic idea is that the land is maintained in its natural and native state. It is a very unique chance to secure a large parcel of natural paradise, with the ability to build on it and be surrounded by total privacy. We are urging anyone who is seriously interested to call the Office of Environment & Heritage if you have queries about the biobanking agreement. An exceptionally sized lot, it makes the perfect weekend escape, or your own private natural paradise! Whilst all care has been taken preparing this advertisement and the information contained herein has been obtained from sources, we believe to be reliable, PRDnationwide Hunter Valley does not warrant, represent or guarantee the accuracy, adequacy, or completeness of the information. PRDnationwide Hunter Valley accepts no liability for any loss or damage (whether caused by negligence or not) resulting from reliance on this information, and potential purchasers should make their own investigations before purchasing.