OFF MARKET

1A Sibley Street
Nimbin NSW 2480

Bedrooms: 4
Bathrooms: 2
Car spaces: 12
Floor area: 144m2
Land area: 2026m2
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Property Details for 1a Sibley St, Nimbin

1a Sibley St, Nimbin is a 4 bedroom, 2 bathroom House with 12 parking spaces. The property has a land size of 2026m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in June 1992.

Building Type
House
Floor Size
144m2
Land Size
2026m2
Local Government
Lismore
Lot/Plan
3/DP1053410

Last Listing description (December 2020)

The village of Nimbin's commercial zone has traditionally been confined to one main street (Cullen Street) and a few laneways, with the area behind the western side of the main street a dedicated public carpark. There are, however, a limited number of premises on the lower (southern) side of the street which are on large blocks and have potential for commercial use(RU5/Commercial subject to Council Approval). 1A Sibley Street is one of these rare offerings. With vehicle/lane access beside the Nimbin Backpackers Hotel, this centrally located huge half acre+ block is the ideal property for professional rooms. (Did we hear someone say booming Nimbin needs a dentist ??) The land's perimeter is an irregular shape, with the dwelling on a traditional rectangle, and an adjoining rectangle big enough and perfectly shaped for multiple car parking spaces.
The existing dwelling is currently a much loved 4 x bedroom timber home which pays homage to its Australian country heritage, has many design features reflective of Nimbin's unique culture, as well as being influenced by Japanese design. A back-to-grid solar panel array and solar hot water system are an added sustainability bonus. And for those who appreciate re-purposed architectural pieces, this home is a gem with a truly lovely ambience! There is a softness and an honesty to this homestead with its distressed timbers and beautiful patinas throughout. Much thought and craftsmanship has gone into its transformation. The enclosed wraparound verandahs create privacy from the distant sounds of the bustling township and the huge side and back decks overlook tropical gardens, set out on permaculture principles, with 'lawns' of herbs and ground cover plantings. Out back is so peaceful and quiet you would never guess you are in the middle of town. The mostly flat land rolls gently down to a small secondary dwelling (large mobile home) which, with a little TLC could be the perfect guest accommodations, sub-let, or commercial storage space.
Continue to live in and enjoy this property as a private country home in an urban setting, or convert the perfectly configured dwelling into professional rooms with waiting-room verandahs(STCA). Either way this is a "one-off" opportunity for the astute buyer and/or investor. THIS PROPERTY IS BEING OFFERED FOR TENDER.

Ring John Wilcox today for your private viewing before January 21st 2018 when the tender process will begin.

Property History for 1a Sibley St, Nimbin, NSW 2480

A timeline of how this property has performed in the market
Last Sold
$62,000
12 Jun 1992
  • 01 May 2020
    Listed for Sale $800,000.00
  • 22 Nov 2017
    Listed for Sale $800,000.00
  • 12 Jun 1992
    Sold for $62,000

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About Nimbin 2480

The size of Nimbin is approximately 72.9 square kilometres. It has 5 parks covering nearly 3.1% of total area. The population of Nimbin in 2011 was 1,667 people. By 2016 the population was 1,474 showing a population decline of 11.6% in the area during that time. The predominant age group in Nimbin is 50-59 years. Households in Nimbin are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nimbin work in a professional occupation. In 2011, 69.4% of the homes in Nimbin were owner-occupied compared with 68.8% in 2016.

Nimbin has 957 properties. Over the last 5 years, Houses in Nimbin have seen a 68.35% increase in median value, while Units have seen a 80.29% increase. As at 31 October 2024:

  • The median value for Houses in Nimbin is $678,172 while the median value for Units is $476,884.
  • Houses have a median rent of $498.
There are currently 42 properties listed for sale, and 2 properties listed for rent in Nimbin on OnTheHouse. According to CoreLogic's data, 41 properties were sold in the past 12 months in Nimbin.

Suburb Insights for Nimbin 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.