2/148 Coates Rd, Possum Brush is a 2 bedroom, 2 bathroom House and was built in 1985. The property has a land size of 11380m2 and floor size of 164m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom House sold in Possum Brush in the last 12 months.
Unique investment opportunity with great future potential.
Essentially the hub of the Clarendon Forrest Retreat, the Managers Cottage sits on 5 acres and includes a segregated front reception office, bedroom, bathroom and covered front outdoor area.
The downstairs main living area enjoys an open plan design including 2 bedrooms, ensuite, modern kitchen, slate flooring and spacious lounge area leading out onto a rear covered pergola area.
The current managers reside and operate from the cottage and are in place on a long term lease period with further options available.
A secure investment opportunity with potential long term growth, ideally located within the surrounding vistas of the Kiwarrak State Forrest and only 3hrs from Sydney.
Income and expenditure figures are available on request. Your inspection is invited
Property Code: 573
The size of Possum Brush is approximately 67.1 square kilometres. It has 3 parks covering nearly 58.3% of total area. The population of Possum Brush in 2011 was 1,508 people. By 2016 the population was 161 showing a population decline of 89.3% in the area during that time. The predominant age group in Possum Brush is 60-69 years. Households in Possum Brush are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Possum Brush work in a trades occupation. In 2011, 79.7% of the homes in Possum Brush were owner-occupied compared with 59.1% in 2016..
Possum Brush has 93 properties. Over the last 5 years, Houses in Possum Brush have seen a 86.52% increase in median value. As at 31 October 2024:
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