OFF MARKET

74 Thorburn Street
Nimbin NSW 2480

Bedrooms: -
Bathrooms: 1
Car spaces: -
Land area: 100000m2
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Property Details for 74 Thorburn St, Nimbin

Building Type
Rural
Year Built
1990
Land Size
100000m2
Local Government
Lismore
Lot/Plan
4/DP630833

Last Listing description (May 2019)

Nimbin Rox YHA Backpackers
NSW TOURISM AWARDS SILVER WINNER
Voted in the 2016 TRAVELLERS CHOICE TOP 25 bargain hotels in Australia

Trip Advisor CERTIFICATE OF EXCELLENCE 2015 and 2016
NORTH COAST TOURISM AWARDS GOLD WINNER 2014
Set on approx. 36 acres of stunning countryside, Nimbin Rox YHA has been built into a quintessential traveller destination for the Northern Rivers.
Located in Australia's alternative capital of Nimbin the hostel is in an ideal location to take advantage of the high volume of curious local and international backpackers.
Since 1973 the area has become a haven for Australia's cannabis counterculture and is notable for its environmental initiatives such as permaculture, sustainability and self-sufficiency.
Nimbin and surrounds are known as the 'Rainbow Region' which is of cultural importance to the Indigenous Bundjalung people, it's a diverse gem set amongst some of the most incredible scenery. The town is the 3rd most visited in NSW behind Sydney and Byron Bay. Quite an achievement!
The hostel itself is surrounded by native bush and much to the delight of its patrons caters to a variety of wildlife, including wallabies, echidnas, friendly kookaburras and if you're really lucky the highly elusive platypus!
Main features of the Nimbin Rox YHA property and business:
* Approx: 36 acres
* 19 rooms including private rooms, dormitory accommodation, yurts and tee-pee (all with fans, heaters and linen)
* 86 panel 26kw solar system and mains power
* Camping & camper van area
* Communal kitchen (gas), TV room, fire pit, in ground swimming pool and BBQ facilities
* Hammocks, book exchange, daily activities, Internet and Wi-Fi, iPod connection areas, tour and adventure activity bookings
* 15 minutes walk from Nimbin village
* Free bus service to and from the village twice daily
* Vending machine for snacks and free fresh seasonal herbs in the kitchen
* Free luggage storage
* Laundry
* Caters group retreats for photography, yoga, family reunions & small weddings
* Website / social media
* Little Hotelier
* Extensive inclusions list
* Forward bookings up to and incl. May 2017 Nimbin Mardi Grass.
Local attractions:
* Nimbin Rocks
* Nimbin Candle Factory
* Nimbin Artists Gallery
* Djanbung Permaculture Gardens
* Polis Gap Walking track
* HEMP Embassy
* Nimbin apothecary
* Nimbin Craft Gallery
And the list goes on .
For further information or to view financial details on this business please contact Peter Robinson on 0428 890 373 or 02

Property History for 74 Thorburn St, Nimbin, NSW 2480

A timeline of how this property has performed in the market
Last Sold
$810,000
17 Apr 2009
  • 20 Oct 2016
    Listed for Sale PRICE ON APPLICATION
  • 17 Apr 2009
    Sold for $810,000
  • 12 Feb 2009
    Listed for Sale 440000
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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 953 properties. Over the last 5 years, Houses in Nimbin have seen a 71.31% increase in median value, while Units have seen a 91.57% increase. As at 31 August 2024:

  • The median value for Houses in Nimbin is $686,253 while the median value for Units is $509,305.
  • Houses have a median rent of $540.
There are currently 38 properties listed for sale, and 3 properties listed for rent in Nimbin on OnTheHouse. According to CoreLogic's data, 44 properties were sold in the past 12 months in Nimbin.

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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.