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223a-223b Johnsons Road, Sandy Beach, NSW 2456

Sold for $830,000

SOLD BY GURK SINGH 0418 411 743

What a rare find this beautiful, slightly undulating, cleared and fully grassed 4.10 hectare (10 acres) parcel of land this is! Boasting a rural vista yet just minutes to stunning beaches, the boutique township of Woolgoolga and regional shopping at Coffs Harbour. A corner allotment with sealed road access, existing infrastructure includes two tenanted three bedroom villas each returning $310 and $330 per week respectively, conveniently positioned on the north western portion for privacy and hence not imposing on the remainder of the property. Add to that a 3rd building complete with three rooms, kitchen, bathroom plus second shower/toilet and ample floor space. There are a set of horse stables in need of some repair, a secondary shed with lock-up storage and the lie of the land affords itself for additional shedding if required. The property is fenced with some upgrades required and there is a seasonal creek that runs through rear of the property with water storage in a small spring fed dam.
The entirety of this property is useable land and the potential uses are only limited by your imagination! It's a terrific lifestyle property to be enjoyed as is or a weekender to delight in the space, privacy and for the kids to ride their ponies or bikes. Natural grasses are abundant and provide ample feed for stock or horses and there is also the odd shade tree scattered around the property. The astute investor will see a minimum gross return of around 4% with the strong possibility of increasing that by leasing out the remainder of the property including the 3rd building.
This is truly a marvellous opportunity to secure a rural getaway that offers location, lifestyle AND income!

Council Rates: $3,192 p/a
Land Size: 41050m2
Age: 25 years

Property Information

Land Size: 41050m²