OFF MARKET

642 South Bank Road
Palmers Channel NSW 2463

Bedrooms: 3
Bathrooms: 1
Car spaces: 6
Land area: 857100m2
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Property Details for 642 South Bank Rd, Palmers Channel

Building Type
Commercial
Land Size
857100m2
Local Government
Clarence Valley
Lot/Plan
1/DP1144209

Last Listing description (August 2023)

This prime 210 acre grazing and lifestyle property is located in a fantastic position, only 10 minutes to Yamba beaches and offers true country living on the coast. Approximately 35% of the property is cleared with the owner previously running 75 head of their own cattle plus additional agistment stock. The farm has 1km of waterfront to Lake Wooloweyah which provides excellent fishing, crabbing and boating options at your back door.

The residence consists of a renovated 3 bedroom cottage which is set in a lovely private setting on a flood free pad. The cottage has a modern well equipped kitchen with new Westinghouse dishwasher, new 900mm freestanding stove with 5 burner gas cooktop, electric oven and flows to the living area. Other features include timber floors throughout, air conditioning, a practical yet compact open plan dining/living area and superb 4.5m wrap around verandahs which is perfect for all your outdoor entertaining.

Externally the property has an enclosed high clearance 12m x 8m triple bay shed and workshop with an additional undercover 8m x 8m open bay area. The property is fenced into 5 paddocks and includes a holding yard and ramp. Water troughs with town water are provided in all paddocks plus there is a creek and a series of canals.

There is also the option to build a second residence ( subject to council approval ).

Located only 10 minutes to Yamba surf beaches, one hour to Ballina/Byron Airport and two hours to Gold Coast International Airport.

This is a genuine opportunity not to be missed, all enquiries welcome

DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.

Property History for 642 South Bank Rd, Palmers Channel, NSW 2463

A timeline of how this property has performed in the market
Last Sold
$1,285,000
21 Jun 2023
  • 21 Jun 2023
    Sold for $1,285,000
  • 30 Apr 2023
    Listed for Sale $1,285,000
  • 11 Nov 2015
    Sold
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About Palmers Channel 2463

The size of Palmers Channel is approximately 19.2 square kilometres. The population of Palmers Channel in 2011 was 1,643 people. By 2016 the population was 117 showing a population decline of 92.9% in the area during that time. The predominant age group in Palmers Channel is 60-69 years. Households in Palmers Channel are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palmers Channel work in a managers occupation. In 2011, 91.6% of the homes in Palmers Channel were owner-occupied compared with 97.9% in 2016..

Palmers Channel has 71 properties. Over the last 5 years, Houses in Palmers Channel have seen a 91.65% increase in median value. As at 31 August 2024:

  • The median value for Houses in Palmers Channel is $873,967.
There are currently 1 property listed for sale, and no properties listed for rent in Palmers channel on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Palmers channel.

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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.