FOR SALE
PRICE REDUCED $3,400,000

1080 Neileys Lagoon & 2525 Myall Creek Road
Bungawalbin NSW 2469

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 868ha
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Large Scale Certified Organic Tea Tree Farm in Northern Rivers with Livestock Opportunity - Can be sold as two separate parcels

A unique opportunity presents to secure a large-scale certified organic Tea Tree farm set on approx 868 hectares of freehold tenure in the spectacular Northern Rivers Region.
Nestled just 25 minutes from the historic town of Coraki, this prime rural zoned parcel sits in the supremely beautiful district of Bungawalbin approx. 40-minutes from Evans Head, 45 minutes to Lismore Airport, 1 hour to Ballina Airport, 1 hour to Byron Bay and 2 hours to the Gold Coast.
Being sold as either one parcel or with the opportunity to separate into two parcels is ; "Robyndale" comprising of a cleared and developed 145 ha of intensive irrigated land, 30ha of cleared land and 230 ha of remnant forest. "Jendale" is effectively all remnant coastal forest country. Both properties are used as a farming enterprise for certified organic tea tree oil and the production of raw honey but have become non-core to the current owners' main non-agricultural interests. Ideally located in the upper reaches of the Northern Rivers, the farm is in an area that is not subject to regular flooding and has access to very good natural water resources, provided by Bungawalbin Creek and gully systems. There are two large natural billabongs and one dam on the property.
The properties are certified organic to Australian and USDA standards, and a commitment to sustainable practices has been at the forefront of the current farming operations, working with nature to ensure soil and plant health to promote ecological balance. Farming practices adhere to standards
which prohibit the use of synthetic chemicals, including pesticides, fungicides, and herbicides. The boundary fencing across the property has also recently been replaced, as well as landscaping
completed at the farm entry gate area.
The tea tree industry is well known as a clean and low by-product industry with minimal waste in comparison to other farming sectors. Within proximity to the local markets and close to amenities this outstanding property is sure to appeal to those with an appreciation for the many benefits of sustainable eco-friendly farming in a natural habitat amongst the best Mother Nature has to offer.
There is also an opportunity to set up a cattle enterprise on the property given the large parcel of land.
- Large scale Organic Certified Melaleuca alternifolia Tea Tree Farm
- Areas of cleared land exist for potential planting of tea tree or other crops, as required.
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Property Details for 1080 Neileys Lagoon & 2525 Myall Creek Road, Bungawalbin

Building Type
Rural
Land Size
868ha

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About Bungawalbin 2469

The size of Bungawalbin is approximately 101.6 square kilometres. It has 4 parks covering nearly 36.4% of total area. The population of Bungawalbin in 2011 was 296 people. By 2016 the population was 118 showing a population decline of 60.1% in the area during that time. The predominant age group in Bungawalbin is 50-59 years. Households in Bungawalbin are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Bungawalbin work in a machinery operators and drivers occupation. In 2011, 85.7% of the homes in Bungawalbin were owner-occupied compared with 61.4% in 2016..

Bungawalbin has 104 properties.

    There are currently 4 properties listed for sale, and no properties listed for rent in Bungawalbin on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Bungawalbin.

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    Brian O'Farrell
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    Elders Real Estate Evans Head
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