FOR SALE
$1,100,000

39 Cullen Street
Nimbin NSW 2480

Bedrooms: 6
Bathrooms: 2
Car spaces: 10
Floor area: 276m2
Land area: 1508m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

INVESTMENT OPPORTUNITY - MONEY IN THE BANK!

The jewel in the crown of the village, this bank building was built in approx. 1905. Situated in the main street (CBD) in a commanding elevated position and, as are most old bank buildings, was built with the strongest of hardwood timbers both in construction and finishes.
The Village of Nimbin was originally a dairy town - filled with lovely old shops with deep verandas on timber posts and glass display windows. Most of these buildings were modest in their construction and decoration - the exception being the town's original bank building.
The design of the building itself was always intended as a combined commercial building and residence, and many of the original features have been lovingly restored to reflect this. The facade with its double doors and carefully painted exterior to highlight its ornate features form the entrance of Nimbin's highly regarded local gift shop aptly named "The Green Bank".
This shop has 3 rooms in the building. There's one other 4-room retail shop (with a possibility of more retail use) plus a separate bathroom/2 toilet facility on the Northern side of the building. The remainder of this substantial sized building is a gorgeous residence comprising bedrooms, a living area, kitchen, utility & laundry room, one bathroom and a small office. Being currently a combo of retail and residential there are only 2 rooms used as bedrooms, but sufficed to say, if used as a fully residential premises this would be a six bedroom 2 bathroom home of distinction.
Features include restored clinker brick walls, an open fireplace, air conditioning, 14 ft high ceilings, ceiling fans, wide board polished timber floors and architraves up to 12' high. Contemporary improvements include a huge 15kw solar system, and air conditioning. Most of the residential rooms open out to the extra deep verandas down the southern side filled with bays and nooks for privacy. These cool verandas with huge original rolled glass windows look over lovely tropical gardens.
The back of the building is home to a commercial sized entertaining deck which has uninterrupted views to the Nightcap range, and the huge block of land (over 1500m2) could be developed further. The northern side of the building has the bonus of a large open space as well as a driveway easement to land below, home to the Nimbin Village Farmers' Markets which are always buzzing of a Wednesday. The old bank building is certainly Nimbin's finest village building and is as iconic as the Nimbin Backpackers Hotel. Don't miss out on securing your slice of history.

Property Details for 39 Cullen St, Nimbin

39 Cullen St, Nimbin is a 6 bedroom, 2 bathroom House with 10 parking spaces. The property has a land size of 1508m2 and floor size of 276m2. The place is currently for sale with Nimbin Hills Real Estate Pty Ltd.

Building Type
House
Floor Size
276m2
Land Size
1508m2

Commute Calculator

About Nimbin 2480

The size of Nimbin is approximately 72.9 square kilometres. It has 5 parks covering nearly 3.1% of total area. The population of Nimbin in 2011 was 1,667 people. By 2016 the population was 1,474 showing a population decline of 11.6% in the area during that time. The predominant age group in Nimbin is 50-59 years. Households in Nimbin are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nimbin work in a professional occupation. In 2011, 69.4% of the homes in Nimbin were owner-occupied compared with 68.8% in 2016.

Nimbin has 953 properties. Over the last 5 years, Houses in Nimbin have seen a 71.31% increase in median value, while Units have seen a 91.57% increase. As at 31 August 2024:

  • The median value for Houses in Nimbin is $686,253 while the median value for Units is $509,305.
  • Houses have a median rent of $540.
There are currently 39 properties listed for sale, and 3 properties listed for rent in Nimbin on OnTheHouse. According to CoreLogic's data, 44 properties were sold in the past 12 months in Nimbin.

Nimbin Profile Page

Suburb Insights for Nimbin 2480

Visit Nimbin profile page
Market Insights
Nimbin Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Nimbin Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Nimbin profile page
Contact agent
Suzy Moody
Show contact details
Call agent
John Wilcox
Show contact details
Call agent
Nimbin Hills Real Estate Pty Ltd
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED