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Sold on 05 Apr 2024 - Price Unavailable

963 Orara Way
Nana Glen NSW 2450

Bedrooms: 6
Bathrooms: 2
Car spaces: 1
Land area: 1.27ha
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Property Details for 963 Orara Way, Nana Glen

Building Type
Rural
Land Size
1.27ha
Local Government
Coffs Harbour
Lot/Plan
9/DP134701

Last Listing description (April 2024)

The Phone Code for this property is: 72823. Please quote this number when phoning or texting.

MUST BE SOLD Orara Valley Vineyard

Situated in picturesque Nana Glen is the boutique Orara Valley vineyard 'Two Tails Wines' (not currently trading).

This property is offering the lifestyle change you have been looking for with so many options. You can enjoy the property with your family & friends or you can run it as a business either full time or part time the choice is up to you. Enjoy living and working in Nana Glen and the delights of the area or a weekend retreat 963 Orara Way offers you endless exciting opportunities.

We welcome you to inspect this rare opportunity to purchase a 5 acre parcel of land with huge potential. Cellar doors with unique wine selections and boutique tapas dining in the 60-seating restaurant 'Velvets'. DA approval for operational hours of 8.30am - 10.00pm 7 days a week however Velvets and the Cellar Doors are not currently trading.
Or
You can have a fully set up MANCAVE or SHE SHED overlooking the property. Your choices are endless!

Two Tails winery offers the new owner income potential with an already established AIRBNB studio apartment, and with minor renovations you can have a further 2 x 1-bedroom apartments on site. An established renovated house is on-site to live in or for further income you can rent this out as well. The main homestead is currently used as a 3 bedroom home and a connected separate 1 bedroom apartment has previously been holiday let.

Plenty of opportunity to earn further income and expand on the current DA.

Property Highlights include:
* Private cellar door (not currently operating)/ or can be a mancave
* Events area
* Spa on site
* DA approval for back deck, pool, and carpark
* Off-site catering opportunities
* Solar panels
* Bore water & filtration system

Perfect opportunity with so many options and with all the hard work already being done it will be a gem purchase for any buyer!

Call us for an inspection today

Property Features
Air Conditioning
Balcony
Built-ins
Deck
Dishwasher
Entertainment Area
Garden Shed
Outside Spa
Rainwater Tanks
Solar Panels
Spa Bath/Jacuzzi
Study
Commerical Kitchen

Bore / Windmill
Are just a few things on offer at this amazing location

Land size: 2.17 Hectares

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 963 Orara Way, Nana Glen, NSW 2450

A timeline of how this property has performed in the market
Last Sold
05 Apr 2024
Listed for Rent
$1.10k/w
07 Feb 2023
  • 21 Mar 2024
    Sold for $1,025,000
  • 25 Jan 2023
    Listed for Rent $1,100 / week
  • 05 May 2022
    Listed for Sale Expression of Interest Closing 31 May
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About Nana Glen 2450

The size of Nana Glen is approximately 65 square kilometres. It has 4 parks covering nearly 16.1% of total area. The population of Nana Glen in 2011 was 1,033 people. By 2016 the population was 1,037 showing a population growth of 0.4% in the area during that time. The predominant age group in Nana Glen is 40-49 years. Households in Nana Glen are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nana Glen work in a professional occupation. In 2011, 81.4% of the homes in Nana Glen were owner-occupied compared with 81.1% in 2016.

Nana Glen has 481 properties. Over the last 5 years, Houses in Nana Glen have seen a 75.87% increase in median value. As at 30 September 2024:

  • The median value for Houses in Nana Glen is $868,263 while the median value for Units is $460,379.
  • Houses have a median rent of $585.
There are currently 8 properties listed for sale, and no properties listed for rent in Nana glen on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Nana glen.

Suburb Insights for Nana Glen 2450

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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.