OFF MARKET

592 Cudgen Road
Cudgen NSW 2487

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 197m2
Land area: 101800m2
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Property Details for 592 Cudgen Rd, Cudgen

Building Type
Rural
Year Built
2011
Floor Size
197m2
Land Size
101800m2
Local Government
Tweed
Lot/Plan
2/DP881996

Last Listing description (September 2021)

Colliers International is pleased to present Wavehill Cudgen, an outstanding 10.18Ha lifestyle and investment, for sale by Offers to Purchase.

Wavehill is a rare opportunity to acquire a significant land holding with an established cashflow in the rapidly developing region of Northern New South Wales. Wavehill is located at 592 Cudgen Rd in Cudgen within close proximity of the pristine beaches and town centres of Kingscliff and Casuarina.

Property features include:

- 10.18Ha* rural land parcel
- Six bedroom elevated coastal style architectural home
- Swimming pool, garage and sheds
- Spectacular ocean and mountain views across Kingscliff, Casuarina, Cabarita and Mt Warning
- $116,800* net income from three tenants
- Income from Earth Beer Company on long lease
- Income from fully managed Avocado orchard/ cropping operation on flexible lease
- Income from caravan residence
- Year round water supply from spring feed dam
- Town water to house and brewery with 3 phase power on two boundaries
- Substantial orchard irrigation system in place
- 1.5km* to new $673M Tweed Valley Hospital project
- 2.8 km* to pristine beaches
- 4 km* to Casuarina Town Centre (Coles etc.)
- 2km* to Kings Forest residential masterplanned estate
- Easy drive to Gold Coast International Airport (16 km*)
- Opportunity to upgrade the existing agricultural activities using regenerative techniques

For a detailed property report (information memorandum) or to arrange a private inspection, please contact the Colliers International exclusive marketing agents.

*approximate.

Property History for 592 Cudgen Rd, Cudgen, NSW 2487

A timeline of how this property has performed in the market
Last Sold
$5,500,000
08 Dec 2021
  • 08 Dec 2021
    Sold for $5,500,000
  • 19 Jan 2021
    Listed for Sale Please contact agent
  • 26 Nov 2008
    Sold for $900,000
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About Cudgen 2487

The size of Cudgen is approximately 10.2 square kilometres. It has 1 park. The population of Cudgen in 2011 was 850 people. By 2016 the population was 822 showing a population decline of 3.3% in the area during that time. The predominant age group in Cudgen is 40-49 years. Households in Cudgen are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cudgen work in a professional occupation. In 2011, 72.4% of the homes in Cudgen were owner-occupied compared with 70.4% in 2016.

Cudgen has 536 properties. Over the last 5 years, Houses in Cudgen have seen a 90.42% increase in median value, while Units have seen a 86.52% increase. As at 31 October 2024:

  • The median value for Houses in Cudgen is $1,707,580 while the median value for Units is $841,981.
  • Houses have a median rent of $935.
There are currently 9 properties listed for sale, and no properties listed for rent in Cudgen on OnTheHouse. According to CoreLogic's data, 45 properties were sold in the past 12 months in Cudgen.

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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.