Vacant school site at Spencer back on the market after three years

After three years with a Sydney investor, the vacant site formerly known as Spencer Public School is back on the market, with an array of options available to buyers due to the zoning.

Vacant school site at Spencer back on the market after three years.

After three years with a Sydney investor, the vacant site formerly known as Spencer Public School is back on the market.

With a price guide of $1.5 million, the prime 5830sqm site in the sleepy fishing village would have to be one of the most unique listings on the Coast.

With water views and its own ¬library, the property at 4684/4688 Wisemans Ferry Rd is zoned RU5 (village) with Central Coast Council, which allows childcare centres, veterinarian practices, residential dwellings or even recreational facilities, subject to council approval.

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The school site includes views of the Hawksbury River.

Just metres from the Hawkesbury River, the school closed down at the end of 2014 due to dwindling enrolments, which forced its closure by the Department of Education.

Agent Alison Wade from Select Properties Central Coast said that the size and location were the best things about the property.

Highlight features include the original schoolhouse with kitchen, toilet amenities, an office building and an all purpose-built room with storeroom.

The site has been maintained but unchanged since the Sydney buyer purchased it three years ago.

Set on a hill with some flat cleared land and views to the Hawkesbury River, Ms Wade said that the views from up top were “spectacular”.

A long-term Spencer resident, Ms Wade was once a teacher at the school.

“It is ironic because the closure once put me out of a job,” she said.

“It was sad when the school sold at the time — it was opened in 1922. But everyone has moved on. I don’t think anyone wants to see it demolished though.”

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The property was auctioned off as a ‘must sell’ in 2016 and was snapped up for just $680,000.

According to CoreLogic, the property is currently owned by a Bankstown business called Nachabe Consortium Pty Ltd.

Ms Wade said that the owners have maintained the property, and although they wanted to do something with the land and partially use it as a weekender, their plans never came to fruition.

Originally published as Vacant school site at Spencer back on the market after three years