1023B Coramba RoadKarangi NSW 2450
Property Details for 1023b Coramba Rd, Karangi
Last Listing description (February 2019)
Ray White Coffs Harbour is proud to introduce you to 'The Pinnacle' at 1023B Coramba Road Karangi.
Perfectly positioned to embrace this outstanding view of the Orara Valley, 'The Pinnacle' is set on the apex of hill and is surrounded by 25.8Ha of land that ranges from fertile creek flats to forested slopes abundant with native flora and fauna.
A formal entry welcomes all into the inner sanctum of the home then reveals this most impressive outlook, across the lawns then down through the lush green valley to culminates in a beautiful mountain panorama.
Enjoy your own spacious & well-appointed master which also happens to share the same stunning views.
An additional a second main bedroom with ensuite bathroom provides multiple options for extended families, B&B or teenagers.
In combination with this a second separate living space is also conveniently connected with the covered patio & pool.
For those looking for agricultural pursuits & extra income there is a fully equipped railway carriage returning $290 p/w rent plus this 1500 m2 hot house with computerised watering and weather system in place as well the alluvial creek flats ideal for niche cropping such as garlic or Kale.
The land holds access to the creek plus 2 large dams & comes complete with a licenced bore & irrigation licence.
All this is just 1 minute from the local store & 5 minutes from town & 10 minutes from the beach.
25.8 Ha/63.8 Acres 5 mins from town
Spectacular views down the valley
Spacious living with inground pool
Extra income from hot house & 2nd dwelling
2 dams/creek frontage/bore/irrigation licence
Property History for 1023b Coramba Rd, Karangi, NSW 2450
- 06 Nov 2018Listed for Sale $1,395,000
- 15 Jul 2011Sold for $490,000
- 14 Jul 1997Sold for $130,000
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About Karangi 2450
The size of Karangi is approximately 50.8 square kilometres. It has 5 parks covering nearly 53.7% of total area. The population of Karangi in 2011 was 536 people. By 2016 the population was 590 showing a population growth of 10.1% in the area during that time. The predominant age group in Karangi is 40-49 years. Households in Karangi are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Karangi work in a professional occupation. In 2011, 82.7% of the homes in Karangi were owner-occupied compared with 78.2% in 2016.
Karangi has 216 properties. Over the last 5 years, Houses in Karangi have seen a 60.45% increase in median value. As at 31 October 2024:
- The median value for Houses in Karangi is $1,029,016 while the median value for Units is $366,113.
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