65 Durrington LanePalmers Island NSW 2463
Property Details for 65 Durrington Lane, Palmers Island
65 Durrington Lane, Palmers Island is a 5 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 14.97ha. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 5 bedroom House sold in Palmers Island in the last 12 months.
Last Listing description (December 2023)
How often does a property with all these advantages come on the market? Not very often- especially in this very sought after, and private area of the NSW North Coast. Situated on the mighty Clarence River and 10 minutes' drive to the Yamba beaches, this property is 37 acres of fertile soil in size, and boasts the following:
Fully renovated older homestead of great character, set in tropical garden with in-ground pool 3 main bedrooms plus 2 room guest quarters, machinery and workshop shed etc.
Land area carrying 2000 macadamia trees (approximately 10 years old) and of a long-lasting variety to allow for great future income. A further 400 trees have been planted (approximately 2 years old). Estimated income on these trees when they fully mature (12 years and older), on current prices will return around $225,000 nett per annum. Extra- wide spacing and careful planting will ensure ample sunlight and great nut production for many decades to come.
The extensive plant nursery is already well known in the area and also creates a very healthy income source. Both these enterprises can be managed comfortably by an active couple. If the Nursery is not of interest, it can be removed as part of the sale.
Owners currently have a registered Farm-Stay authority with Council and this business is already successfully operating. It also allows potential purchasers the ability to erect another new residence with river views should they wish (S.T.C.A.).
The proximity of this property allows for a short travelling time to major shopping, medical, sporting, and other business facilities. Gold Coast Jet airport is approximately 2 hours away.
Purchasers seeking a healthy and reasonably active lifestyle with a guaranteed income for the future, and in a climate which enviable to most, then look no further.
All enquiries should be directed to Ian Dunbar 0414 949 531 or contact our office at Yamba Iluka Real Estate (02)6646 2400, and we will be happy to organise an inspection for you.
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 65 Durrington Lane, Palmers Island, NSW 2463
- 14 Dec 2023Sold for $2,200,000
- 19 Oct 2023Listed for Sale Not Disclosed
- 07 Mar 2016Listed for Sale Price On Application
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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 237 properties. Over the last 5 years, Houses in Palmers Island have seen a 93.61% increase in median value. As at 31 October 2024:
- The median value for Houses in Palmers Island is $927,749 while the median value for Units is $366,031.
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