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650 Cawongla Road
larnook
NSW, 2480

SOLD

Sold for $1,200,000

listing rooms 4
listing bathrooms 1
listing parking 6
Land: 190.50 Hectare

470.5 Acres of Potential

Sitting just under 23km from Lismore is this 470 acre lifestyle property with heaps of potential for income. The property has stunning views of the surrounding valley along with beautiful creek frontage. The country consists of open-treed grazing, creek flats, small rainforest areas, spring-fed gullies and high timbered hills.

When turning into the newly replaced entrance of the property, you are met by a fenced laneway up to the house, guarded by beautiful old figtrees and a mango tree-lined entrance to the front of the classic country home. The inside of the house has had a fresh paint as well as one of the verandahs. The house has hardwood floors throughout with lounge room, three charming bedrooms plus office/4th bedroom which all open onto the deck or verandah. The bathroom and kitchen have both been renovated and the kitchen boasts a stunning Belling cooker, generous pantry and adjoining dining area. The bathroom/laundry is off the sunroom and has a clawfoot tub plus separate shower. There are 2x5000 gallon (approx.) rainwater tanks to the house, a 6.6kw solar system. and a double carport at the back of the home.

This property has only changed hands once in its 100 year history. It has been transformed over the past 15 months by its current owner, who has cleaned up the land to bring this beautiful property back to its current state. A weed-spray program has been implemented, the fencing has been repaired and the dams have all been cleaned out. A new 16x9m 4 bay steel shed has been erected down from the house.

Like many Northern Rivers properties, water is a feature here, with Leycester Creek forming the eastern boundary. On the western side of the property, a spring supplies a tank which gravity-feeds troughs for cattle. The property also has many other spring-fed gullies and 4 stock dams.

There is a brand-new set of Red River yards to handle cattle, with loading ramp and full vet crush. Currently this property is being grazed and vendor estimates carrying capacity at 80-100 breeders or 80 breeders and 30 bullocks.

Being 62km from Ballina/Byron Gateway Airport, 36km to Nimbin and 27km from Kyogle, this lifestyle property is very conveniently positioned to schools and work whilst being able to enjoy the privacy and produce income.

Agents

Nearby Schools

About larnook

median house price

930000

suburb growth

47.6%

median house rent

560

suburb rental yield

3.1%

Similar Properties

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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