OFF MARKET

45 Ferry Lane
Cundletown NSW 2430

Bedrooms: 5
Bathrooms: 3
Car spaces: -
Land area: 229300m2
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Property Details for 45 Ferry Lane, Cundletown

Building Type
Land
Land Size
229300m2
Local Government
Mid-Coast
Lot/Plan
154/DP1110072

Last Listing description (July 2020)

If you are looking for a productive farm or a lifestyle change or even both, you have just found it. This 60-acre farm can handle 60 head continuously on its lush grass filled paddocks. Even during the drought, the grass was green, and the cattle were fat.The property boasts a 500 metre Manning River frontage that must be seen to be believed.The River Frontage has a fun area with swings, trampolines, river swing, mini-golf course, a caravan that sleeps 5, Firepit, tables, chairs, barbeque area and even an environmental toilet. This is set up for a large family, groups, or additional income stream from the in-demand B&B.The B&B is fully booked over the Christmas period and the current owner has trained casual staff that will look after the day to day cleaning and upkeep.The original main residence is fully renovated. The current owner has spared no expense with new kitchen and bathrooms. 5 bedrooms, two with ensuites, veranda's, new roof, wood floors, wood fireplace, stained glass and bay windows. This is the perfect combination of old charm and character with modern living standards. No expense has been spared.This is a functioning business that could be handed over seamlessly to a new owner. Ample room, dual-income streams, all-weather road access, quiet, secluded and just beautiful.You could spend your life looking for something like this and never find it. Truly a unique property and opportunity.Inspections by appointment only.Pest and Building reports are available from the owner by arrangement.Figures available after signing a confidentiality agreement.$980,000.00 firm.

Property History for 45 Ferry Lane, Cundletown, NSW 2430

A timeline of how this property has performed in the market
Last Sold
$930,000
14 May 2020
  • 14 May 2020
    Sold for $930,000
  • 05 Nov 2019
    Listed for Sale Not Disclosed
  • 02 Nov 2016
    Sold for $680,000
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About Cundletown 2430

The size of Cundletown is approximately 19.4 square kilometres. It has 8 parks covering nearly 0.9% of total area. The population of Cundletown in 2011 was 2,064 people. By 2016 the population was 2,060 showing a population decline of 0.2% in the area during that time. The predominant age group in Cundletown is 50-59 years. Households in Cundletown are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cundletown work in a professional occupation. In 2011, 80.4% of the homes in Cundletown were owner-occupied compared with 73.9% in 2016.

Cundletown has 915 properties. Over the last 5 years, Houses in Cundletown have seen a 50.24% increase in median value, while Units have seen a 45.84% increase. As at 31 October 2024:

  • The median value for Houses in Cundletown is $499,751 while the median value for Units is $390,743.
  • Houses have a median rent of $490.
There are currently 5 properties listed for sale, and 2 properties listed for rent in Cundletown on OnTheHouse. According to CoreLogic's data, 33 properties were sold in the past 12 months in Cundletown.

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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.