OFF MARKET

1172 Reserve Creek Road
Reserve Creek NSW 2484

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Land area: 20000m2
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Property Details for 1172 Reserve Creek Rd, Reserve Creek

1172 Reserve Creek Rd, Reserve Creek is a 1 bedroom, 1 bathroom House with 2 parking spaces and was built in 2004. The property has a land size of 20000m2. While the property is not currently for sale or for rent, it was last sold in October 2016.

Building Type
House
Year Built
2004
Land Size
20000m2
Local Government
Tweed
Lot/Plan
3/DP621278

Last Listing description (November 2016)

What more could you ask for when looking for rural value? Take into account the value of 5 acres, add the cost of electricity, unlimited water, septic, sealed road and landscaped terraces and I am sure it will easily exceed the current asking price.
The site was formerly a highly profitable wholesale indoor plant hire business, thus the vast infrastructure. The primary business was sold a few years back but a smaller wholesale operation has been maintained. The propagation income currently covers the property outgoings and provides a comfortable wage for the caretaker but easily wound up if not required. Alternatively the business can be grown by the experienced nurseryman with the following inventory on hand;
9 Greenhouses

Over 5000 plants
2 bay storage shed
2x relocatables/offices
Self contained workers cottage, sleeps 2
Irrigation throughout
Loading dock and mulch storage puts
If the enterprise is not for you then take advantage of the savings this property presents for you as a rural resident. The only big ticket item that is left for you as a resident is a home. Replace any one of the greenhouses with a kit home or better and live the dream. Many of the sites will gift you amazing pastoral panoramas and a preferred Northerly aspect. Use the infrastructure to establish your very own organic market garden that can include fruit, vegetables, herbs or flowers. The property is only 5 or 6 minutes from Tweed Coast beaches and motorway so lifestyle options are plentiful.
For further information please feel free to call Raine&Horne Pottsville Beach / Cabarita Beach.

Property History for 1172 Reserve Creek Rd, Reserve Creek, NSW 2484

A timeline of how this property has performed in the market
Last Sold
$580,000
13 Oct 2016
  • 13 Oct 2016
    Sold for $580,000
  • 28 Jul 2016
    Listed for Sale $585,000
  • 02 Jun 2016
    Listed for Sale $585,000
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About Reserve Creek 2484

The size of Reserve Creek is approximately 15.8 square kilometres. It has 2 parks covering nearly 0.3% of total area. The population of Reserve Creek in 2011 was 213 people. By 2016 the population was 142 showing a population decline of 33.3% in the area during that time. The predominant age group in Reserve Creek is 60-69 years. Households in Reserve Creek are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Reserve Creek work in a managers occupation. In 2011, 64.4% of the homes in Reserve Creek were owner-occupied compared with 59.2% in 2016..

Reserve Creek has 74 properties. Over the last 5 years, Houses in Reserve Creek have seen a 91.24% increase in median value. As at 31 July 2024:

  • The median value for Houses in Reserve Creek is $1,508,143.
There are currently no properties listed for sale, and 1 property listed for rent in Reserve creek on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Reserve creek.

Suburb Insights for Reserve Creek 2484

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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.