OFF MARKET

121/121 Upper Orara Road
Karangi NSW 2450

Bedrooms: 8
Bathrooms: 4
Car spaces: 13
Floor area: 132m2
Land area: 24200m2
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Property Details for 121/121 Upper Orara Rd, Karangi

Building Type
Commercial
Year Built
1960
Floor Size
132m2
Land Size
24200m2
Local Government
Coffs Harbour

Last Listing description (November 2024)

Just 10 minutes west of Coffs Harbour, with all its amenities, lies a slice of paradise in Karangi. Properties in this idyllic location rarely come on the market, making this unique property a true gem. Whether you're a horse lover, have an extended family, or are a keen investor, this property offers unparalleled accommodation options and endless possibilities.

Set on 2.42 hectares (6 acres approx), this meticulously cared-for property is a haven for horse enthusiasts, featuring three fully fenced paddocks, stables, a feed area, and a full-sized arena. The property offers ample space to house all the family or generate additional income through its versatile accommodation configurations, including the main house, a granny flat, and additional accommodation.

Main House: Freshly painted, split-level designed home exudes charm and comfort, boasting three generous bedrooms plus a study, polished timber floorboards, air conditioning, a formal lounge, a separate family room, new kitchen equipped with modern electric cooking appliances and a pantry. The bathroom is stylishly appointed with a bath, shower, and new vanity and complemented by 2 x w/c's. Entertain guests in the covered rear area or relax on the expansive front deck, all while enjoying the convenience of a four-car carport.

Granny Flat: The granny flat is equally inviting, with two spacious bedrooms, a modern bathroom and combined laundry, an open-plan lounge and dining area, air conditioning, a full-sized kitchen with electric cooking appliances and pantry, a covered entertaining area, and a double carport.

Additional Accommodation: The additional accommodation is perfect for guests or tenants, offering three well-sized bedrooms with ceiling fans, a large modern bathroom with a bath and shower, an extra shower and toilet downstairs, a well-appointed kitchen with electric cooking appliances and a pantry, an open-plan lounge and dining area, wood heater and air conditioning. This space also features a covered entertaining deck, a converted garage used as a bedroom and living space, a single carport, a large garage/storage area, and solar power.

Beyond the living spaces, the property boasts an above-ground pool for refreshing swims, a bore with a pump, partial dam access, a large shed (12m x 7.5m) set up for stables and a feed room, mostly cleared land, three fenced paddocks, three rainwater tanks, two septic systems, separately metered power, multiple garden sheds, and excellent driveway access.

This exceptional property is expected to attract significant interest, so early viewing is highly recommended. The property is being offered for sale by Auction, to be held onsite on the 19th of October 2024 at 2pm Don't miss your chance to own this rare and exquisite slice of Karangi paradise!

Rental Estimates: .
Main House - $650 to $670 per week.
Granny Flat - $490 to $510 per week.
Additional Accommodation - $680 to $700 per week.

Land size: 2.42ha (approx.) - Rates: $3,541pa (approx.)

Property History for 121/121 Upper Orara Rd, Karangi, NSW 2450

A timeline of how this property has performed in the market
  • 18 Sep 2024
    Listed for Sale $1,450,000

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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.
There are currently 2 properties listed for sale, and 2 properties listed for rent in Karangi on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Karangi.

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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.