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‘Highly desirable’ basalt quarry on sale in NSW

 

Bylong Quarry has been put up for sale in the Upper Hunter region of New South Wales, presenting an opportunity to enter the market as Australian infrastructure booms.

The 67ha land parcel comprises four separate freehold properties including an established rare basalt quarry.

“The quarry is in a highly strategic location, being along a principal thoroughfare of regional New South Wales,” stated the property listing from Savills.

The basalt resource is highly important in the production of roadways, concreting, rail lines and other key infrastructure, ensuring the buyer will be set up to profit from a region’s ongoing growth.

Savills senior executive Seline Ince said such growth meant now was as good a time to buy as any.

“Since 2017 the NSW Government has committed more than $2 billion to 2100 regional infrastructure projects,” Ince said.

“The 2021-22 State Budget provides a record $108.5 billion infrastructure commitment over 4 years, including more than $2.8 billion for regional areas.

“Bylong Quarry is competitively located within the Mid-Western Regional Council to service local infrastructure projects, continue ongoing maintenance to public roadways and local agricultural roads.”

View the listing from Savills here.

 

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