FOR SALE
$305,000

329 Redgate Road
New Italy NSW 2472

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 8.95ha
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RURAL COASTAL PARADISE

Located just south of Evans Head between the coastline and the M1 Motorway is this totally off-grid coastal paradise.
The tenants in common allotment is 8Ha or approximately 20 acres. The property is fully fenced and is a 1/4 of the size of the entire property.
The allotment contains a large 15m x 9m x 4.2m steel shed with concrete floor. The shed contains the power room for the solar system, washing facilities and another room suitable for overnight camping. The shed has roller doors on either end of the building as well as a double carport at the end of the shed.
There are two 20,000litre water tanks and one 10,000 litre tank which are interconnected. There is also a fire fighting sprinkler system installed over the attached skillion roof and shed for added protection.
As stated the property is totally off-grid with solar panels, new batteries and inverter. The property has lots of natural beauty, with two natural billabongs, a gentle running creek and plenty of natural fauna and flora. However, it also has the modern conveniences including access to internet, television services and mobile phone reception.
This property is ideal as a weekender, a place to stay close to the coast or a rural retreat to have some livestock and grow your own vegies - you decide !
'Tenants in common' is defined as a form of co-ownership involving two or more people holding distinct shares in the property, which can be equal or unequal. Each individual share is able to be dealt with on its own - so they can be leased, mortgaged or sold independently of the other portions.
**A dwelling opportunity does not exist for this portion of land.

Property Details for 329 Redgate Rd, New Italy

Building Type
Rural
Land Size
8.95ha

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About New Italy 2472

The size of New Italy is approximately 61.7 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of New Italy in 2011 was 296 people. By 2016 the population was 181 showing a population decline of 38.9% in the area during that time. The predominant age group in New Italy is 60-69 years. Households in New Italy are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in New Italy work in a trades occupation. In 2011, 85.7% of the homes in New Italy were owner-occupied compared with 86.9% in 2016..

New Italy has 158 properties. Over the last 5 years, Houses in New Italy have seen a 66.68% increase in median value. As at 30 September 2024:

  • The median value for Houses in New Italy is $1,282,009.
There are currently 2 properties listed for sale, and no properties listed for rent in New italy on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in New italy.

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Darren Winkler
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T & W McCormack Pty Ltd
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