SOLD
RECENT ADVICE
Sold on 18 Oct 2024 for $3,000,000

120 Old North Road
Pokolbin NSW 2320

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 101200m2
Sold By
Jurd's Real Estate Cessnock
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Property Details for 120 Old North Rd, Pokolbin

Building Type
Commercial
Land Size
101200m2
Local Government
Singleton
Lot/Plan
12/DP247541

Last Listing description (November 2024)

Located on a popular tourist route among neighbouring vineyards, wineries, guesthouses and restaurants, this amazing twenty-five acre parcel of land is beautifully landscaped and offers some of the Hunter Valley's best views from the Brokenback Range in the West to the Barrington Range in the East. It has a cellar door, wine warehouse and office as well as machinery shedding set among park-like grounds and is just 2 hours (198km) to the CBD of Sydney and 1 hour (67km) to the sandy beaches of Newcastle.

As you arrive at the property you are greeted by tree-lined driveways, tall privacy hedges, a small boutique vineyard and beautiful lake on the way to one of the prettiest cellar doors in the valley with barn doors, Dorma windows and a loft with balcony looking over the grounds and the vineyard. Adjacent to the cellar door is a fully insulated and refrigerated wine warehouse with offices above which have been used by the owners as accommodation. Continuing on, the road winds past a beautiful machinery shed to a stunning building site already complete with Cottonwood-lined driveway.

The property has formed driveways, has the benefit of 24 megalitres of irrigation water from the Hunter River via the Wine Country Private Irrigation District and a boutique vineyard which is approximately 8 acres in size and is composed of Shiraz, Tannat, Fiano and Chardonnay.

Inspection by private appointment.

Property History for 120 Old North Rd, Pokolbin, NSW 2320

A timeline of how this property has performed in the market
Last Sold
$3,000,000
18 Oct 2024
  • 18 Oct 2024
    Sold for $3,000,000
  • 16 Aug 2024
    Listed for Sale GUIDE: $3m - $3.1m
  • 20 Feb 2024
    Listed for Sale EXPRESSIONS OF INTEREST
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About Pokolbin 2320

The size of Pokolbin is approximately 132.8 square kilometres. It has 10 parks covering nearly 9.6% of total area. The population of Pokolbin in 2011 was 694 people. By 2016 the population was 955 showing a population growth of 37.6% in the area during that time. The predominant age group in Pokolbin is 60-69 years. Households in Pokolbin are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Pokolbin work in a managers occupation. In 2011, 69.3% of the homes in Pokolbin were owner-occupied compared with 77.5% in 2016.

Pokolbin has 1,596 properties. Over the last 5 years, Houses in Pokolbin have seen a 104.11% increase in median value, while Units have seen a 70.46% increase. As at 31 October 2024:

  • The median value for Houses in Pokolbin is $1,180,011 while the median value for Units is $449,949.
  • Houses have a median rent of $650.
There are currently 18 properties listed for sale, and 3 properties listed for rent in Pokolbin on OnTheHouse. According to CoreLogic's data, 68 properties were sold in the past 12 months in Pokolbin.

Suburb Insights for Pokolbin 2320

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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.