OFF MARKET

13 School Road
Palmers Island NSW 2463

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 73350m2
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Property Details for 13 School Rd, Palmers Island

Building Type
Land
Land Size
73350m2
Local Government
Clarence Valley
Lot/Plan
1/DP1140648

Last Listing description (August 2022)

Yes, you can have the lifestyle you have always wanted in the idyllic coastal rural setting of Palmers Island. You can be very private in your rural retreat, be part of the village community if you wish and be connected to the vibrancy of the coastal holiday town of Yamba just 8km away.

You will be spoilt for choice of pristine beaches and world class surfing breaks along the coast and within Yuraygir and Bundjalung National Parks, surrounded by the Clarence River and its tributaries for endless adventures on the water. The picturesque and historical river town of Maclean, is a 8 km drive.

The property at 13 School Road Palmers Island is maturing with the growth of the 1670 Macadamia nut trees now in their 4th year. To establish the orchard, much consideration and effort was applied to the design and layout, hydrology, surveying, laser levelling and tree spacing with the engagement of a leading macadamia orchard designer.

This intensive effort is now reflected in the excellent vigour of the trees and the high standard of presentation of the orchard. The established routine and professional support engaged by the present owners in the maintenance of the farm, now has it easily managed by one person with these farm practices and knowledge easily transferred and adopted quickly by those new to the industry.

The macadamia trees have started producing nut after four years. The output will increase dramatically each year as the trees continue to mature. When in full production the trees will be capable of yielding up to 20kg per mature tree. The anticipated, yet conservative estimate, for income from year 10 at $6 per kilogram for your island farm’s gross return, can be in excess of $100K per annum.

The continued support, to ensure high productivity and tree health, is supported by professional Coates Horticultural Advisory Services, to regularly monitor the orchard. EAL, the Southern Cross University's accredited laboratory, in conjunction with Coates Horticultural, analyse complete regular Soil and Tissue testing for your island farm and provide comprehensive nutritional programmes. The Australian Macadamia Society offers great guidance and a worthwhile investment in membership.

This property represents a rare combination of an oasis set in a rural aspect with an approved housing DA that projects timeless architecture designed by David Brown. The brief provided was for a dwelling that would float among the canopy of the macadamia trees, once fully mature, with the second storey to offer elevated views over the orchard to the river. The house site has been deliberately chosen to maximise the privacy of the orchard while still being close to amenities.

The house plan reflects the history of the farm with a modern result. Large balconies offering privacy, north facing and with breeze catching aspects. The design incorporates maximum usage of these breezes utilising passive solar techniques.

The orchard is lovingly cared for and secured with the installation of premium extra high perimeter fencing and native border plantings to increase privacy. The preservation and enhancement of a green corridor attracts a wide range of native birdlife species and other native fauna. The protection of the sanctuary brings a balanced biodiversity making it a peaceful place to live in the future and tend your interest in the orchard at present.

This unique property offers an idyllic lifestyle for the discerning buyer. It offers the best of all worlds, the land, river and sea. For those wanting to try a rewarding and enjoyable rural lifestyle close to amenities and where generous advice and support is available from a well established horticultural industry, this is a perfect solution.

We look forward to introducing you to this exciting and life changing opportunity.

Property History for 13 School Rd, Palmers Island, NSW 2463

A timeline of how this property has performed in the market
Last Sold
$860,000
14 Jul 2021
  • 01 Aug 2022
    Listed for Sale Sold
  • 14 Oct 2021
    Listed for Sale Sold
  • 14 Jul 2021
    Sold for $860,000
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About Palmers Island 2463

The size of Palmers Island is approximately 34.8 square kilometres. The population of Palmers Island in 2011 was 477 people. By 2016 the population was 439 showing a population decline of 8.0% in the area during that time. The predominant age group in Palmers Island is 50-59 years. Households in Palmers Island are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palmers Island work in a managers occupation. In 2011, 79.5% of the homes in Palmers Island were owner-occupied compared with 80.1% in 2016.

Palmers Island has 235 properties. Over the last 5 years, Houses in Palmers Island have seen a 81.92% increase in median value. As at 31 August 2024:

  • The median value for Houses in Palmers Island is $859,840 while the median value for Units is $381,355.
There are currently 3 properties listed for sale, and no properties listed for rent in Palmers island on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Palmers island.

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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.