FOR SALE
$480,000 + Stock

68 Cullen Street
Nimbin NSW 2480

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 600m2
Land area: 658m2
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FLOOD SAFE NEWSAGENCY & CONVENIENCE STORE IN POPULAR TOURIST VILLAGE

Set in the centre of the bustling and uniquely colourful village of Nimbin, this well-stocked and well-patronised General Store business is ideally placed in the main street of this franchise-free Northern NSW community.
The third most visited tourist destination in NSW; as a business centre Nimbin enjoys consistent trade from local, national and international patrons.
The General Store has a wide frontage with dual entrances, a huge floor area with workrooms and amenities at back.
The store supplies the town with an array of every day grocery essentials, frozen products, fresh fruit and vegetables, as well as hardware and art supplies.
The landlord is open to extending the building should the new owners wish to expand to a full sized supermarket.
Offered for sale for only the second time in more than 30 years, this is a proven investment with a sound reputation, excellent staff, modern equipment and a long lease. Trading accounts are available.
Live and work in one of the most beautiful areas in Australia with a strong sense of community, and a carefree lifestyle to suit.

Property Details for 68 Cullen St, Nimbin

Building Type
Commercial
Floor Size
600m2
Land Size
658m2

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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 952 properties. Over the last 5 years, Houses in Nimbin have seen a 68.35% increase in median value, while Units have seen a 80.29% increase. As at 31 October 2024:

  • The median value for Houses in Nimbin is $678,172 while the median value for Units is $476,884.
  • Houses have a median rent of $498.
There are currently 40 properties listed for sale, and 2 properties listed for rent in Nimbin on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Nimbin.

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John Wilcox
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Nimbin Hills Real Estate Pty Ltd
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