FOR SALE
$1,200,000

780 Myall Creek Road
Bora Ridge NSW 2471

Bedrooms: 2
Bathrooms: 2
Car spaces: 5
Land area: 77.16ha
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190 ACRES - DWELLING AND 2ND DWELLING OPPORTUNITY

Consisting of three allotments this property is 77.16ha or 190 acres of mixed farming opportunity.
Two allotments (lot 108 & 109) are approximately 140acres and contain a neat and tidy two-bedroom dwelling - with sleepout. The home has been tastefully renovated to include a renovated bathroom, with a claw foot bath taking centre stage in the bathroom with a separate shower.
There is a large lounge room with a fireplace, another adjoining family room and a separate study/office nook. The home has air conditioning, solar power, solar hot water and a six-burner gas stove in the kitchen.
There are hardwood floorboards throughout the main traffic areas with ornate plasterwork in both the lounge and dining areas. Most rooms have views overlooking the property with the entire house being light and airy.
The garage/workshop with a two-car carport is detached from the dwelling and provides plenty of storage and security. The laundry is located in the shed with a second shower and toilet. There is a recently built machinery shed a short distance away from the dwelling.
The property is currently tenanted with an excellent long-term tenant in place.
Second Dwelling Opportunity
Lot 107 is approximately 50acres and contains a separate dwelling opportunity. This would be ideal to build a new home as it is flood free... and the original dwelling could remain an income producing investment !
The entire property has mixed farming opportunities, with the current owners growing ti-tree, soya beans and conducting a beef cattle grazing operation of around 35-40 breeders. As stated, during wetter times the property has been utilised as a flood free location for livestock.
The property is fully fenced with approximately 50-60% of the property cleared for grazing or cropping. The uncleared areas of land are lower wetland areas, which have an abundance of wildlife and useful during dry times.
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Property Details for 780 Myall Creek Rd, Bora Ridge

Building Type
Rural
Land Size
77.16ha

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About Bora Ridge 2471

The size of Bora Ridge is approximately 74.2 square kilometres. It has 5 parks covering nearly 52.3% of total area. The population of Bora Ridge in 2011 was 214 people. By 2016 the population was 114 showing a population decline of 46.7% in the area during that time. The predominant age group in Bora Ridge is 0-9 years. Households in Bora Ridge are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bora Ridge work in a labourer occupation. In 2011, 79.5% of the homes in Bora Ridge were owner-occupied compared with 83.8% in 2016..

Bora Ridge has 63 properties. Over the last 5 years, Houses in Bora Ridge have seen a 45.67% increase in median value. As at 30 November 2024:

  • The median value for Houses in Bora Ridge is $610,207 while the median value for Units is $577,200.
There are currently 2 properties listed for sale, and no properties listed for rent in Bora ridge on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Bora ridge.

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Darren Winkler
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T & W McCormack Pty Ltd
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