1078 Comboyne RoadByabarra NSW 2446
Property Details for 1078 Comboyne Rd, Byabarra
Last Listing description (July 2018)
20 acres of prime land with cafe (current leasehold 2+3 years) and 2 bedroom Residence generating 5.5% rental income. Leasehold 2+3 years.
PLUS 2 x modern B&B accommodation
PLUS gorgeous landscapes throughout
Fully functioning kitchen and separate bakehouse area.
Bed and breakfast which has been recently renovated to include a brand new country style kitchen and some beautiful modern contemporary furniture and decor.
11.5 metre gorgeous swimming pool with certification for public use
250 metres of river frontage
Second studio apartment with kitchen and bathroom
2 bedroom residence with large outdoor living area
State of the art UV water filtration system feeding the entire estate
Working tractor with slasher and ride on mower
Fertile farming paddock at the bottom of the property
80 tree citrus orchard
Irrigation licence
Great brand awareness in the local and Port Macquarie region
The potential
To create a premium wedding venue
Stage 2 of this exciting project, is handed to you, to turn The Byabarra into a premium wedding venue. With existing DA approval for additional accommodation, including 4 rooms and a yoga studio (corporate meeting place or health retreat), the real value can become a reality as tourism NSW is giving away a grant of up to $150k to assist in projects just like these. They are very interested to help this venue to encourage tourists to the area and create a premium wedding venue.
Once complete, you can decide if you want to leasehold the new accomodations and yoga studio or run that section of the business yourself.
Property History for 1078 Comboyne Rd, Byabarra, NSW 2446
- 30 Jan 2018Sold for $750,000
- 21 Nov 2017Listed for Sale $885,000 No GST
- 23 Mar 2017Listed for Sale $930,000
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About Byabarra 2446
The size of Byabarra is approximately 108.7 square kilometres. It has 4 parks covering nearly 2.8% of total area. The population of Byabarra in 2011 was 331 people. By 2016 the population was 333 showing a population growth of 0.6% in the area during that time. The predominant age group in Byabarra is 50-59 years. Households in Byabarra are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Byabarra work in a professional occupation. In 2011, 88.6% of the homes in Byabarra were owner-occupied compared with 90.2% in 2016.
Byabarra has 158 properties. Over the last 5 years, Houses in Byabarra have seen a 70.51% increase in median value. As at 31 October 2024:
- The median value for Houses in Byabarra is $1,028,491.
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