OFF MARKET

19 Fletcher Street
Nulkaba NSW 2325

Bedrooms: 4
Bathrooms: 2
Car spaces: 6
Floor area: 222m2
Land area: 33669m2
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Property Details for 19 Fletcher St, Nulkaba

19 Fletcher St, Nulkaba is a 4 bedroom, 2 bathroom House with 6 parking spaces. The property has a land size of 33669m2 and floor size of 222m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Floor Size
222m2
Land Size
33669m2
Local Government
Cessnock
Lot/Plan
20/DP1018878

Last Listing description (December 2021)

PRICE GUIDE: $4,000,000

This is a very rare opportunity to acquire development land in such an exclusive location. These two adjoins lots have two separate access points and are in close proximity to services.

19 Fletcher Street, Nulkaba boasts a large and character filled country residence which features expansive living spaces, high ceilings, wide verandahs and triple garage. A master built and timeless residence which will be much sought by discerning buyers.

The balance of the land area of 3.4 hectares, has a minimum lot size of both 4000 square metres and 2000 square metres in this zoning for subdivision.

The adjacent 21 Pinchen Street, Nulkaba has a land area of 2.2 hectares and is vacant land. With long frontage to Pinchen Street, which is a quiet country lane, the zoning allows a minimum lot size of 750 square metres. The two sites are well suited to a residential lifestyle subdivision across both, with a mix of 750 m lots to larger lots of up to 4000 metres including the house lot. There would be very strong demand for these lots

Location
Nulkaba is a semi-rural village located just 3km from the Cessnock CBD and 5 km from Pokolbin. Pokolbin is the most visited Wine tourism district in Australia.

Nulkaba is approximately 160 km North of Sydney, a comfortable two-hour drive.

Legal description
19 Fletcher Street, Nulkaba (Lot 20 in Deposited Plan 1018878)
21 Pinchen Street, Nulkaba (Lot 102 in Deposited Plan 1076340)

Land Use Zoning
19 Fletcher Street NULKABA - Zoned R5 large lot residential in Cessnock city Councils Local Environmental Plan 2011. Allows for minus lot sizes between 2000 and 4000 square metres
21 Pinchen Street, Nulkaba - Zoned RU5 village in Cessnock city Councils Local Environmental Plan 2011. Allows for minimum lot size of 750 square metres

Improvements
A master-built country residence of approximately 30 years of age occupies the northwestern portion of the land. A home with timeless appeal, featuring 4 large bedrooms, numerous formal and informal living spaces, tall ceilings, wide verandah and a triple garage.

Services
Town water
Telecommunications
Sewerage (not connected although nearby)
Electricity

St Phillips Christian School and NULKABA Primary school are writhing 1km of the site. Both are extremely well regarded.
School buses access the road within 100m of the site

Market
The strength of the market, particularly for this area cannot be understated. The demand for land, in this area of NULKABA particularly, is the strongest in the Cessnock LGA. This area was the first location to break through the $1 million barrier which is now a regular occurrence. The market is a mix of relocating Sydney based buyers, Central Coast and locals upgrading to second and third homes.

Agents Comments
To say that this is a rare find, truly is an understatement. Land zoned for development, in such a desirable location, is unheard of. To obtain two such sites that adjoin, is rarer still.

A thoughtful subdivision design would incorporate various lot sizes from 750 square meters to 4000 square metres and result in a development of the highest standard. One lot would retain the existing home, which would allow a developer to recoup a substantial amount of their development costs.

The land is zoned however development consent has not been applied for

A wonderful investment opportunity to develop now or retain with holding income from leasing the home.

For Sale: Expressions of Interest
Closing: 5pm Thursday 16th December 2021 (if not sold prior)
Inspections by private appointment

Property History for 19 Fletcher St, Nulkaba, NSW 2325

A timeline of how this property has performed in the market
Last Sold
$2,700,000
20 Dec 2021
Listed for Rent
07 May 2019
  • 20 Dec 2021
    Sold for $2,700,000
  • 26 Nov 2021
    Listed for Sale Expressions of Interest, closing 16/12/21 @ 5pm
  • 24 Apr 2019
    Listed for Rent - Price not available
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About Nulkaba 2325

The size of Nulkaba is approximately 13.7 square kilometres. It has 1 park covering nearly 14.7% of total area. The population of Nulkaba in 2011 was 552 people. By 2016 the population was 710 showing a population growth of 28.6% in the area during that time. The predominant age group in Nulkaba is 10-19 years. Households in Nulkaba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nulkaba work in a professional occupation. In 2011, 91.3% of the homes in Nulkaba were owner-occupied compared with 81.5% in 2016.

Nulkaba has 497 properties. Over the last 5 years, Houses in Nulkaba have seen a 39.40% increase in median value. As at 30 November 2024:

  • The median value for Houses in Nulkaba is $823,441.
  • Houses have a median rent of $670.
There are currently 4 properties listed for sale, and no properties listed for rent in Nulkaba on OnTheHouse. According to CoreLogic's data, 21 properties were sold in the past 12 months in Nulkaba.

Suburb Insights for Nulkaba 2325

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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.