FOR SALE
By Negotiation

38 Sheehans Lane
Gulmarrad NSW 2463

Bedrooms: 2
Bathrooms: 1
Car spaces: 5
Floor area: 110m2
Land area: 56ac
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Land of Opportunity!

Offered to the market for the first time in decades, this ideally located allotment of approximately 56 acres is one of immense opportunity and potential.
With wide frontage to Sheehans Lane and various zonings on offer across the overall site including R5 and RU2, the property is one that can be enjoyed as the vast open space that it is, or considered for future subdivision potential.
The location here is ideal, being less than ten minutes from the Maclean CBD, 15 minutes to the beautiful beaches of Brooms Head, and approximately 20 minutes to Yamba. You have the ability to enjoy acreage living whilst maintaining the convenience of close proximity to the CBD and the beach.
The property includes an existing farmhouse that is basic but offers a renovation project to create comfortable accommodation on site. There is also a separate shed for the cars and machinery that is ready for immediate use.
Surrounding the residence and shed, you will find fenced paddocks of various sizes that will be ideal for those with animals.
Offering the possibility of more dense future development, the site includes an area of approximately 22,430m2 which is zoned R5 Large Lot Residential.
There is also an additional 110,690m2 of land that is zoned RU2 Rural Landscape, and the balance of 97,510m2 zoned C3 Environmental Management, offering an open space and secure outlook for the future.
Sites of this size, with this amount of potential for the future are very rarely offered to the market. Offers are now being sought by 25 August 2023, making this your once in a generation chance to secure one of the last remaining acreage sites with development potential in Gulmarrad.
Don't let this one pass you by.
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Property Details for 38 Sheehans Lane, Gulmarrad

38 Sheehans Lane, Gulmarrad is a 2 bedroom, 1 bathroom House with 5 parking spaces. The property has a land size of 56ac and floor size of 110m2. The place is currently for sale with Ray White Yamba.

Building Type
House
Floor Size
110m2
Land Size
56ac

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About Gulmarrad 2463

The size of Gulmarrad is approximately 30.7 square kilometres. The population of Gulmarrad in 2011 was 1,643 people. By 2016 the population was 1,688 showing a population growth of 2.7% in the area during that time. The predominant age group in Gulmarrad is 60-69 years. Households in Gulmarrad are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gulmarrad work in a trades occupation. In 2011, 91.6% of the homes in Gulmarrad were owner-occupied compared with 89.2% in 2016.

Gulmarrad has 1,016 properties. Over the last 5 years, Houses in Gulmarrad have seen a 80.83% increase in median value. As at 31 October 2024:

  • The median value for Houses in Gulmarrad is $985,039 while the median value for Units is $352,505.
  • Houses have a median rent of $610.
There are currently 21 properties listed for sale, and no properties listed for rent in Gulmarrad on OnTheHouse. According to CoreLogic's data, 56 properties were sold in the past 12 months in Gulmarrad.

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Ray White Yamba
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