OFF MARKET

850 Waterfall Way
Fernmount NSW 2454

Bedrooms: 10
Bathrooms: 8
Car spaces: 6
Land area: 16950m2
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Property Details for 850 Waterfall Way, Fernmount

Building Type
Land
Land Size
16950m2
Local Government
Bellingen
Lot/Plan
A/DP913988

Last Listing description (October 2024)

Introducing a remarkable investment opportunity nestled in the heart of the picturesque Bellingen Valley - Fernmount Cottages. This exquisite acreage/semi-rural property is perfect for discerning investors, retires and families seeking a serene lifestyle, while enjoying passive income from the multiple accommodations on offer.

Sprawled across a generous 4 acre estate with direct Bellinger River frontage, the property boasts of uninterrupted views of the tranquil river, verdant farmland and majestic mountains beyond. The estate featuring 10 bedrooms, 8 bathrooms, two ensuites, two living rooms, air conditioning, bamboo flooring and plantation shutters. Comprises of a beautifully styled and impeccably maintained grounds.

Complementing the main house are four additional accommodations, including two x 2-bedroom cottages, a 1 bedroom self-contained loft style accommodation, a 1 bedroom self-contained managers quarters, and a current DA approval for another 1 bedroom cottage. Each charming dwelling is tastefully decorated, well-appointed with air conditioning and meticulously maintained.

The property also offers a 6 bay, high clearance shed with 3 phase power and solar electricity, an expansive outdoor kitchen, dining and entertainment area overlooking the stunning 11x4m mineral pool and immaculate lawns leading to the river.

Discover endless possibilities with this unique estate - operate a successful holiday retreat, Airbnb or accommodate an extended family. Enjoy the established producing orchard, chook pen, greenhouse, gazebo, canoe shed, vegetable gardens and more. Explore the enchanting Bellinger River with a canoe or unwind in its calming embrace.

Land size 4.2acres. Council Rates approx. $2,684

Located just 3km from historic Bellingen main street and a short drive to local beaches, mountains, Sawtell and Coffs Harbour shopping centres, this property offers an unparalleled lifestyle in a truly idyllic setting.

With the Bellinger River right at your back door, absolutely ideal for enjoying your favourite water sports such as fishing, swimming, paddle boarding and canoe up to Lavenders Bridge.

Fantastic opportunity to purchase this amazing Bellingen Lifestyle property with numerous accommodation options. All the family could pool their resources and reap the rewards of this idyllic lifestyle. Alternatively, live in one and rent out the others for an easy yet substantial income.

Don't miss this once-in-a-lifetime opportunity, an inspection is highly recommended to truly appreciate this stunning property and all it has to offer. Contact Warren on 0427 552 287 to arrange for an inspection.

All information contained herein is gathered from sources we believe to be reliable. We cannot, however, guarantee its accuracy and interested parties should make and rely on their own enquiries.

Property History for 850 Waterfall Way, Fernmount, NSW 2454

A timeline of how this property has performed in the market
Last Sold
$3,000,000
28 Oct 2021
  • 16 Oct 2024
    Listed for Sale $3,200,000
  • 21 Dec 2023
    Listed for Sale $3,200,000
  • 05 Aug 2023
    Listed for Sale $3,400,000
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About Fernmount 2454

The size of Fernmount is approximately 16.2 square kilometres. It has 1 park covering nearly 15.3% of total area. The population of Fernmount in 2011 was 376 people. By 2016 the population was 361 showing a population decline of 4.0% in the area during that time. The predominant age group in Fernmount is 60-69 years. Households in Fernmount are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Fernmount work in a professional occupation. In 2011, 84.8% of the homes in Fernmount were owner-occupied compared with 77.5% in 2016.

Fernmount has 195 properties. Over the last 5 years, Houses in Fernmount have seen a 46.41% increase in median value, while Units have seen a -50.72% decrease. As at 31 October 2024:

  • The median value for Houses in Fernmount is $1,114,111 while the median value for Units is $382,681.
There are currently 3 properties listed for sale, and no properties listed for rent in Fernmount on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Fernmount.

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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.