Positioned in the Port Macquarie hinterland, "Cherrywood" is presented for sale as a landmark estate which offers scope to realise your utmost lifestyle & business aspirations. Held by the same family for 118 years, this is an incredibly rare opportunity to secure a tranquil rural sanctuary & lucrative horticultural operation as the current owners transition to retirement.
Located on the Comboyne Plateau, 'Comboyne Avocados' comprises approx. 5,151 producing avocado trees across a picturesque 51.4 hectares / 127 acres. Established in 2000, the enterprise has demonstrated enduring success in production output & enjoys a substantial income stream.
The size of Comboyne is approximately 100.2 square kilometres. It has 5 parks covering nearly 4.3% of total area. The population of Comboyne in 2011 was 453 people. By 2016 the population was 451 showing a population decline of 0.4% in the area during that time. The predominant age group in Comboyne is 60-69 years. Households in Comboyne are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Comboyne work in a managers occupation. In 2011, 69.6% of the homes in Comboyne were owner-occupied compared with 73.8% in 2016.
Comboyne has 296 properties. Over the last 5 years, Houses in Comboyne have seen a 63.25% increase in median value. As at 31 October 2024:
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