OFF MARKET

551 Rainbow Reach Road
Rainbow Reach NSW 2440

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 11170m2
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Property Details for 551 Rainbow Reach Rd, Rainbow Reach

Building Type
Land
Land Size
11170m2
Local Government
Kempsey
Lot/Plan
723/DP1003551

Last Listing description (December 2011)

Commercial Deep Water Dock - 1.12Ha (2.8 acres)
Now there's not many of these around here!
Currently leased/used as an Oyster Barn but could be used as Slipway - worth the money to sail here at this price! Indeed, other uses such as hospitality & tourism/ocean ventures/eco tours would also be suitable (all subject to Council Approval of course).

The property is located directly on the tidal estuary waters at Rainbow Reach - only minutes from the centre of beautiful South West Rocks. You can be out to sea in a matter of minutes. The Oyster Barn itself is a large hardwood timber construction in solid condition. It includes: a retail shop, filtration system/processing shed/purification pump & plant, cool room, office, storage & mezzanine (and power, phone & town water are connected).
Also, there is an approved large engineered wharf suitable to carry forklifts & heavy loaded vehicles.
This is a rare opportunity to get land on the water in a quiet peaceful area. Mmmm, imagine!
Call me anytime/any day to arrange your inspection.

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Property History for 551 Rainbow Reach Rd, Rainbow Reach, NSW 2440

A timeline of how this property has performed in the market
Last Sold
$290,000
02 Dec 2011
  • 02 Dec 2011
    Sold for $290,000
  • 03 Jun 2011
    Listed for Sale $298,000
  • 24 Dec 1998
    Sold for $15,000

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About Rainbow Reach 2440

The size of Rainbow Reach is approximately 14.9 square kilometres. It has 1 park. The population of Rainbow Reach in 2011 was 465 people. By 2016 the population was 80 showing a population decline of 82.8% in the area during that time. The predominant age group in Rainbow Reach is 50-59 years. Households in Rainbow Reach are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rainbow Reach work in a managers occupation. In 2011, 78.8% of the homes in Rainbow Reach were owner-occupied compared with 88.2% in 2016..

Rainbow Reach has 50 properties. Over the last 5 years, Houses in Rainbow Reach have seen a 78.11% increase in median value. As at 31 October 2024:

  • The median value for Houses in Rainbow Reach is $1,163,847 while the median value for Units is $216,768.
There are currently 3 properties listed for sale, and no properties listed for rent in Rainbow reach on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Rainbow reach.

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