OFF MARKET

270 Palmers Lane
Pokolbin NSW 2320

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Land area: 173100m2
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Property Details for 270 Palmers Lane, Pokolbin

Building Type
Land
Land Size
173100m2
Local Government
Cessnock
Lot/Plan
3/DP1044250

Last Listing description (April 2014)

Set on just over 40 acres against the Brokenback Range, this property is located on the corner of McDonalds Road and Palmers Lane in the beating heart of Pokolbin and is within walking distance to the major concert venues, adjacent to The Vintage golf course, on one of the busiest wine trails in Pokolbin and offers a tourist cottage, cellar door, small vineyard and spectacular views.

The main building houses both a cellar door with kitchenette and toilet facilities and a two bedroom, two bathroom accommodation cottage with great sandstone fireplace. Both the cellar door and tourist accommodation are currently let-out to an operator for approximately $20,000 per annum. The vineyard is approximately five acres in size and is composed of 15 year old Semillon and Shiraz vines.


The zoning supports further tourism development subject to council approval and the location is second to none. The vendor is genuine and it has been priced to sell.

Property Code: 402331205

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Property History for 270 Palmers Lane, Pokolbin, NSW 2320

A timeline of how this property has performed in the market
Last Sold
$975,000
25 Feb 2014
  • 25 Feb 2014
    Sold for $975,000
  • 15 Aug 2012
    Listed for Sale OFFERS ABOVE $999,000
  • 11 Apr 2002
    Sold for $850,000

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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 103.14% increase in median value, while Units have seen a 76.50% increase. As at 30 November 2024:

  • The median value for Houses in Pokolbin is $1,173,886 while the median value for Units is $457,228.
  • Houses have a median rent of $650.
There are currently 19 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.

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