SOLD
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Sold on 22 Oct 2024 - Price Unavailable

Tedesco Road
New Italy NSW 2472

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 1651100m2
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Property Details for Tedesco Rd, New Italy

Building Type
Rural
Land Size
1651100m2
Local Government
Richmond Valley
Lot/Plan
123/DP755609

Last Listing description (October 2024)

A fantastic opportunity to own a bush hideaway rural retreat in a great location with easy access and great natural beauty.

Situated only 18km south of the village of Woodburn and only five minutes from the New Italy Rest area and the on-ramp to the M1 - this property is in a great location but it also has the privacy and tranquility that you would expect.

The property is 207 acres ranging from flat open land to steeper heavily timbered hills. There are tracks throughout the property allowing easy access over the property. There is a carport/machinery shed on the property allowing storage of machinery and undercover protection.

A Native Forestry Plan exists for the allotment which allows commercial logging. There are massive stands of hardwood timbers particularly spotted gum. Additionally there is plenty of firewood or fencing timber.

A dam is located in the north eastern boundary corner which provides a good water source for livestock. The western boundary is bordered by Cliff Road and allows access to the boundary. Fencing is in need of repair but the old fence lines still exist around the majority of the property.

A short distance from the property is the New Italy mountain bike park. The park has a myriad of tracks throughout the nearby forests and the property would make an ideal location as a base for an avid mountain biker or even a place to capitalize on the nearby patrons such as a camp ground etc (STCA)

The property has an abundance of natural fauna and flora and ideal for bird watching or just soaking in the natural beauty of the property. Not to mention that you are only 20 minutes from the golden beaches of Evans Head or 15 minutes from the Richmond River.

A great opportunity with lots of possibilities.

Note: A dwelling opportunity does not exist on this allotment.

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Property History for Tedesco Rd, New Italy, NSW 2472

A timeline of how this property has performed in the market
Last Sold
22 Oct 2024
  • 22 Oct 2024
    Sold
  • 24 Jun 2024
    Listed for Sale $440,000
  • 19 Jan 2021
    Sold for $330,000

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About New Italy 2472

The size of New Italy is approximately 61.7 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of New Italy in 2011 was 296 people. By 2016 the population was 181 showing a population decline of 38.9% in the area during that time. The predominant age group in New Italy is 60-69 years. Households in New Italy are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in New Italy work in a trades occupation. In 2011, 85.7% of the homes in New Italy were owner-occupied compared with 86.9% in 2016..

New Italy has 158 properties. Over the last 5 years, Houses in New Italy have seen a 40.07% increase in median value. As at 30 November 2024:

  • The median value for Houses in New Italy is $1,052,515.
There are currently 2 properties listed for sale, and no properties listed for rent in New italy on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in New italy.

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T & W McCormack Pty Ltd
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