FOR SALE
Expression of Interest

615 Neileys Lagoon Road
Bungawalbin NSW 2469

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 672ha
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Large Scale Northern River Farming Enterprise

Situated in the Northern Rivers region of NSW, Neileys Lagoon is the home of Natto, a natural Australian Tea Tree oil plantation.
The planation was established in 1993.
The property consists of 672 ha of rich alluvial soils and is considered one of the largest privately owned tea tree plantations in Australia.
Neileys Lagoon is nestled in the Bungawalbin catchment and has an ideal climate for a variety of agricultural activities. The land has 364 ha laser levelled and with 600 mgl of irrigation allocation available.
Improvements include: 30 x 9-metre machinery shed including workshop and office amenities.
12.5 kw solar power system with 50 panels and battery storage.
12.7 machinery skillion
Distillation shed 24.19 metre with boiler and diesel generator.
Irrigation pump
Neileys lagoon will be offered for sale by 'Expression of Interest' closing 6th December 2024.
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Property Details for 615 Neileys Lagoon Rd, Bungawalbin

Building Type
Rural
Land Size
672ha

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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 102 properties. Over the last 5 years, Houses in Bungawalbin have seen a 50.63% increase in median value. As at 31 October 2024:

  • The median value for Houses in Bungawalbin is $655,026.
There are currently 2 properties listed for sale, and 1 property 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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