SOLD
Sold on 13 May 2024 for $200,000

296 Noalimba Avenue
Kentucky South NSW 2354

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 145m2
Land area: 289830m2
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Property Details for 296 Noalimba Ave, Kentucky South

Building Type
Rural
Year Built
1950
Floor Size
145m2
Land Size
289830m2
Local Government
Uralla
Lot/Plan
2/DP1291169

Last Listing description (June 2024)

Located Midway Between Sydney and Brisbane along the New England Highway.
"Collessie" is a 65 acre commercial /lifestyle property offering a significant income stream alongside a quality small rural holding and accommodation.
Comprising a large warehouse and processing facility alongside a renovated 3 bedroom home and fertile acres the property is a unique offering to the market for an incoming owner.

At over 2110 sqm of warehouse and processing floor space, the building is currently partway through a 3+2 year lease term with an exceptional yield (contact agent for details). Significant features include

1070 sqm of Warehouse storage facility (erected 2020) complete with covered prime mover access and unloading facilities.
Dual access/ Egress all weather access ring road. Sealed Bitumen to the front gate.
300mm insulated panel span cladding for temperature control of perishables.
Auto roller door access with high clearance and motion control.
Office space, mezzanine area and processing bays in addition to freezer rooms and quarantine area.
Approximately 1042 sqm of Processing and manufacturing floor space including multiple processing rooms, amenities, worker facilities, mezzanine storage, main office area, dispatch and reception.
Three Phase power throughout the entire facility and back up generator
Extensive back to grid Solartek system
Stand alone water storage of over 450,000 litres with integrated fire fighting system
Covered and cemented access between the facilities.

Accommodation at "Colessie" comprises a fully renovated three bedroom cottage (currently included in the lease) with custom timber kitchen, upgraded wet areas, flooring and paint with a mentionable north facing living room extension to maximise the overall floor plan area and provide versatility to the home. Perfect for a caretaker or live in accommodation for an owner occupier no further capital investment needing to be injected for the near future.

The 65.65 acres are subdivided into 7 main grazing paddocks. Supported by a large dam, reticulated trough watering services the property and ensures ample water security. Steel cattle yards and a sizable three bay farm shed are notable features. The property also benefits from an intensive pasture and fertiliser history.

Contact Cayne to book your inspection today on 0431 435 958

*All information contained here is gathered from sources we believe to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries*

Property History for 296 Noalimba Ave, Kentucky South, NSW 2354

A timeline of how this property has performed in the market
Last Sold
$200,000
13 May 2024
  • 13 May 2024
    Sold for $200,000
  • 06 Nov 2023
    Listed for Sale Expression Of Interest Closing 8th December

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About Kentucky South 2354

The size of Kentucky South is approximately 49.4 square kilometres. It has 6 parks covering nearly 0.6% of total area. The population of Kentucky South in 2011 was 325 people. By 2016 the population was 117 showing a population decline of 64.0% in the area during that time. The predominant age group in Kentucky South is 60-69 years. Households in Kentucky South are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kentucky South work in a managers occupation. In 2011, 73% of the homes in Kentucky South were owner-occupied compared with 77.1% in 2016..

Kentucky South has 69 properties. Over the last 5 years, Houses in Kentucky South have seen a 59.40% increase in median value. As at 30 November 2024:

  • The median value for Houses in Kentucky South is $467,465.
There are currently 1 property listed for sale, and no properties listed for rent in Kentucky south on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Kentucky south.

Suburb Insights for Kentucky South 2354

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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.