OFF MARKET

1597 Nimbin Road
Koonorigan NSW 2480

Bedrooms: -
Bathrooms: 5
Car spaces: 30
Floor area: 1319m2
Land area: 70300m2
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Property Details for 1597 Nimbin Rd, Koonorigan

Building Type
Rural
Floor Size
1319m2
Land Size
70300m2
Local Government
Lismore
Lot/Plan
2/DP787302

Last Listing description (January 2018)

Nimbin Rocks Retreat is set in the quiet and picturesque valley of Koonorigan, 11km south of Nimbin and 18km north of Lismore.
It's conveniently located within a short drive to world heritage listed National Parks, arts and crafts galleries and markets, restaurants and cafes, day spas, alternative lifestyle gardens and workshops. The area offers it's visitors endless opportunities to explore.
The motel itself has 17 rooms with carports and 3 bedroom managers residence.

Licensed with commercial kitchen, restaurant and bar.
Set approx 6.5 grassy hectares with sparkling inground pool, huge undercover bbq area, creek and natural pools, stables and out buildings.
Potential for multi uses (STCA)
Website: http://www.nimbinrocksretreat.com.au/home.html
Plenty of opportunity for the motivated buyer.

Property History for 1597 Nimbin Rd, Koonorigan, NSW 2480

A timeline of how this property has performed in the market
Last Sold
$749,000
15 Nov 2017
  • 15 Nov 2017
    Sold for $749,000
  • 20 Jan 2017
    Listed for Sale $795,000
  • 31 Aug 2016
    Listed for Sale $795,000 OR NEAREST OFFER
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About Koonorigan 2480

The size of Koonorigan is approximately 38.2 square kilometres. The population of Koonorigan in 2011 was 274 people. By 2016 the population was 307 showing a population growth of 12.0% in the area during that time. The predominant age group in Koonorigan is 50-59 years. Households in Koonorigan are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Koonorigan work in a professional occupation. In 2011, 75.7% of the homes in Koonorigan were owner-occupied compared with 74.3% in 2016.

Koonorigan has 153 properties. Over the last 5 years, Houses in Koonorigan have seen a 56.62% increase in median value. As at 31 October 2024:

  • The median value for Houses in Koonorigan is $944,964 while the median value for Units is $491,201.
There are currently 1 property listed for sale, and no properties listed for rent in Koonorigan on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Koonorigan.

Suburb Insights for Koonorigan 2480

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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.