OFF MARKET

325 Hermans Lane
Pimlico NSW 2478

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 531000m2
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Property Details for 325 Hermans Lane, Pimlico

Building Type
Rural
Land Size
531000m2
Local Government
Ballina
Lot/Plan
9/DP1263860

Last Listing description (May 2024)

130 acres of river front cane farm. High yielding property with cane aged 1 to 2 years old. There is a large established cane pad for collection of the yield, and bitumen road access to the property. There is also a well maintained roadway network through the property allowing for easy vehicle access.
With macadamia farmers currently purchasing in the local area, knowing the potential in the alluvial clay soils for our future macadamia plantations.

The property does enjoy a building entitlement with power adjacent to the allotment. The farm is located just 14km from Ballina and with the current M1 upgrade, the interchange is located close and handy to this property.
If you are looking for a quality farm for either cane, macadamia growing or for just privacy with river frontage, call Warren Perkins to arrange your inspection.

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Property History for 325 Hermans Lane, Pimlico, NSW 2478

A timeline of how this property has performed in the market
Last Sold
$1,390,000
02 Feb 2021
  • 04 Feb 2021
    Listed for Sale UNDER CONTRACT
  • 02 Feb 2021
    Sold for $1,390,000

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About Pimlico 2478

The size of Pimlico is approximately 24.1 square kilometres. It has 1 park. The population of Pimlico in 2011 was 454 people. By 2016 the population was 297 showing a population decline of 34.6% in the area during that time. The predominant age group in Pimlico is 40-49 years. Households in Pimlico are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Pimlico work in a managers occupation. In 2011, 81.3% of the homes in Pimlico were owner-occupied compared with 77.6% in 2016.

Pimlico has 167 properties. Over the last 5 years, Houses in Pimlico have seen a 59.77% increase in median value. As at 31 October 2024:

  • The median value for Houses in Pimlico is $1,123,325 while the median value for Units is $608,232.
There are currently 4 properties listed for sale, and no properties listed for rent in Pimlico on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Pimlico.

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