OFF MARKET

260 School Road
Palmers Island NSW 2463

Bedrooms: 5
Bathrooms: 3
Car spaces: 10
Floor area: 170m2
Land area: 509900m2
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Property Details for 260 School Rd, Palmers Island

Building Type
Land
Year Built
1985
Floor Size
170m2
Land Size
509900m2
Local Government
Clarence Valley
Lot/Plan
7/DP738369

Last Listing description (October 2022)

:: Well presented 125 acres of prime river country
:: Single storey, expansive in size and North- facing
:: Huge dam between the road and the homestead

:: Large covered verandah, air-con, wood fire heaters
:: 4-5 bay, enclosed steel shed + another 3 bay shed
:: To find a more pleasant retreat would be difficult

Situated on School Rd, Palmers Island, with tar road frontage, this well presented 125 acres of prime river country offers the very best in rural lifestyle, together with close access to the famous beaches of Yamba and just 2 minutes from the boat ramp to the Clarence River.
Capable of carrying 50 cows and calves with some fodder conservation, it is divided into 5 well fenced paddocks with trough or dam water to each, and laneway access to a substantial set of cattle yards with crush and loading ramp. There has been some pasture improvement with good clover growth in most paddocks. The property is connected to power and town water.
The country does flood when the Clarence overflows, but only for short time span (3-5 days) during heavy inundation. There is flood relief for stock and all the buildings bar one shed are completely free of water. Stock can return quickly to pasture as the floods here are "clean" so there is little mud deposit.
Improvements on the property are of exceptional quality, the most notable being the homestead, of colonial design and good condition after much renovation. Single storey, expansive in size and North- facing, the attractive covered verandahs allow great light and ambience through the building.
Consisting of 5 double bedrooms, 3 bathrooms, semi-formal lounge area with fireplace, air-conditioning, fans and views over the country. Dining area adjoins kitchen, with another wood fired heater, fans etc. Bedrooms have fans, carpeted, and built-in robes in 3 the main bedroom has an ensuite, walk-in robe, and opens on to a private verandah facing North. There is a well- appointed, fully self- contained flat, with kitchen, bathroom and bedroom adjoining the main verandah, for those guests you would like to keep away from!
The kitchen area with concertina windows, gas benchtop stove, electric wall oven, dishwasher and lots of bench space, leads on to another large covered and screened verandah with wonderful views over the garden set with mature trees. An internal laundry and extensive office, plus 2 car garage with "E" door completes the under roof area.
Externally, there is a large 4-5 bay fully enclosed steel shed with lined roof, electrified and concrete floor, another steel framed 3 bay shed with extra- large bays, and alongside that another steel framed 2 bay shed all sheds have good accessibility from an all-weather road surface.
Entry to this impressive property is via a tree-lined, all-weather, raised road with a huge dam between the road and the homestead entry.
To find a more pleasant rural retreat would be difficult, and being so close to Yamba is another added attraction. Owners are open to offers.
For all enquiries please contact Ian Dunbar on 0414 949 531 or our main office in Yamba (02) 66 462400.

Property History for 260 School Rd, Palmers Island, NSW 2463

A timeline of how this property has performed in the market
Last Sold
$1,250,000
04 Oct 2018
  • 25 Jun 2020
    Listed for Sale $1,300,000
  • 04 Oct 2018
    Sold for $1,250,000
  • 23 May 2018
    Listed for Sale Not Disclosed
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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.