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Sold on 02 Feb 2024 for $1,840,000

126 Federation Way
Cooperabung NSW 2441

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 3.34ha
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Property Details for 126 Federation Way, Cooperabung

126 Federation Way, Cooperabung is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 3.34ha. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 4 bedroom House sold in Cooperabung in the last 12 months.

Building Type
House
Land Size
3.34ha
Local Government
Port Macquarie-Hastings
Lot/Plan
19/DP839244

Last Listing description (February 2024)

Welcome to 126 Federation Way, a remarkable property that offers an extraordinary lifestyle opportunity. This stunning Federation style home, nestled on an expansive 3.34-hectare estate, presents a unique blend of elegance, versatility, and income potential. With three delightful cottages, perfectly suited for short-term stays, this property provides the ideal foundation for generating a substantial full-time income.

Step into the main residence and be captivated by the timeless beauty and grandeur of the Federation style architecture. From the ornate decorative features to the high ceilings and classic detailing, every element of this home exudes charm and sophistication. The spacious living areas are bathed in natural light, creating a warm and inviting atmosphere for both relaxation and entertainment.

The property boasts three beautifully designed cottages, each offering a unique and charming retreat for guests. These cottages have been purposefully designed to provide short-term accommodation, and they have already proven to be a lucrative source of income.

In addition to the existing cottages, a guest room/5 bedroom is ready to be added as a fourth accommodation option, to further increase the income potential of the property. The options are endless, allowing you to customize the space to suit your vision and maximize your return on investment.

The property benefits from close proximity to the vibrant tourism market of Port Macquarie, one of the most searched holiday destinations in NSW. The business won the 2019 Gold Award for best Hosted Accommodation in NSW and has won the North Coast Best Hosted Accommodation on multiple occasions. Multiple review sites rank the property as 5/5 and the business benefits from a good reputation and a high level of repeat business.

If you would like to know more about this property, please contact Logan or Adam.

- 15 Minutes to Port Macquarie CBD
- Further income potential to be added e.g wedding venue
- AC in main residence and all cottages
- Cottages each equipped with a spa
- Pest & Building reports available on request
- Financials available on request

Property Details:
Council Rates: $1980 p/a approx
Land Size: 3.34 HA

DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.

Property History for 126 Federation Way, Cooperabung, NSW 2441

A timeline of how this property has performed in the market
Last Sold
$1,840,000
02 Feb 2024
  • 02 Feb 2024
    Sold for $1,850,000
  • 06 Jul 2023
    Listed for Sale Price Guide $1,795,000-$1,895,000
  • 19 Apr 2022
    Sold for $1,850,000
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About Cooperabung 2441

The size of Cooperabung is approximately 67.9 square kilometres. It has 2 parks covering nearly 43.4% of total area. The population of Cooperabung in 2011 was 375 people. By 2016 the population was 287 showing a population decline of 23.5% in the area during that time. The predominant age group in Cooperabung is 60-69 years. Households in Cooperabung are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cooperabung work in a professional occupation. In 2011, 80.2% of the homes in Cooperabung were owner-occupied compared with 78.9% in 2016.

Cooperabung has 155 properties. Over the last 5 years, Houses in Cooperabung have seen a 69.30% increase in median value. As at 31 October 2024:

  • The median value for Houses in Cooperabung is $1,155,641 while the median value for Units is $437,645.
There are currently 1 property listed for sale, and no properties listed for rent in Cooperabung on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Cooperabung.

Suburb Insights for Cooperabung 2441

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Contact agent
Logan Taffe
Show contact details
Adam Holborow
Show contact details
Elders Real Estate Wauchope
Preferred contact:
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.