SOLD
Sold on 16 Aug 2024 for $950,000

39 Cullen Street
Nimbin NSW 2480

Bedrooms: 6
Bathrooms: 2
Car spaces: -
Floor area: 4m2
Land area: 1508m2
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Property Details for 39 Cullen St, Nimbin

39 Cullen St, Nimbin is a 6 bedroom, 2 bathroom House and was built in 1919. The property has a land size of 1508m2 and floor size of 4m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 6 bedroom House sold in Nimbin in the last 12 months.

Building Type
House
Year Built
1919
Floor Size
4m2
Land Size
1508m2
Local Government
Lismore
Lot/Plan
3/DP1179176

Last Listing description (October 2024)

The jewel in the crown of the village, this bank building was built in the main street (CBD) but in a commanding elevated position and was, as are most old bank buildings, built with the thickest of hardwood timbers both in construction and finishes.

The Village of Nimbin was originally a dairy town - filled with lovely old shops with deep verandahs on timber posts and glass display windows. Most of these buildings were modest in their construction and decoration - the exception being the town's original bank building.

The design of the building itself was always intended as a combined commercial building and residence, and the majority of the original features have been lovingly restored to reflect this. The facade with its double doors and carefully painted exterior to highlight its ornate features form the entrance of Nimbin's highly regarded local gift shop aptly named "The Green Bank". This shop has 3 rooms in the building.

There's one other 4-room retail shop (with a possibility of more retail use) plus a separate bathroom/2 toilet facility on the Northern side of the building. The remainder of this substantial sized building is a gorgeous residence comprising 2 oversized bedrooms, a living area, kitchen, utility & laundry room, one bathroom and a small office. Being currently a combo of retail and residential there are only 2 rooms used as bedrooms, but sufficed to say, if used as a fully residential premises this would be an eight bedroom, 3 bathroom home of distinction.

Features include restored clinker brick walls, an open fireplace, air conditioning, 14 ft high ceilings, ceiling fans, wide board polished timber floors and architraves up to 12' high. Contemporary improvements include a huge 15kw solar system, and air conditioning. Most of the residential rooms open out to the extra deep verandahs down the southern side filled with bays and nooks for privacy. These cool verandahs with huge original rolled glass windows look over lovely tropical gardens.

The back of the building is home to a commercial sized entertaining deck which has uninterrupted views to the Nightcap range, and the huge block of land (over 1500m2) could be developed further. The northern side of the building has the bonus of a large open space as well as a driveway easement to land below, home to the Nimbin Village Farmers' Markets which are always buzzing of a Wednesday.

The old bank building is certainly Nimbin's finest village building and is as iconic as the Nimbin Backpackers Hotel. Don't miss out on securing your slice of history.

Ring Suzy 0429 492 477 or John 0428 200 288 for your private inspection!

Property History for 39 Cullen St, Nimbin, NSW 2480

A timeline of how this property has performed in the market
Last Sold
$950,000
16 Aug 2024
  • 16 Aug 2024
    Sold for $950,000
  • 01 Mar 2024
    Listed for Sale Not Disclosed
  • 17 Jul 2023
    Sold
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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 956 properties. Over the last 5 years, Houses in Nimbin have seen a 65.90% increase in median value, while Units have seen a 54.03% increase. As at 30 November 2024:

  • The median value for Houses in Nimbin is $686,306 while the median value for Units is $447,068.
  • Houses have a median rent of $498.
There are currently 43 properties listed for sale, and 2 properties listed for rent in Nimbin on OnTheHouse. According to CoreLogic's data, 42 properties were sold in the past 12 months in Nimbin.

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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.