SOLD
Sold on 23 Sep 2024 for $2,140,000

191 Repentance Creek Road
Rosebank NSW 2480

Bedrooms: 7
Bathrooms: 4
Car spaces: 2
Land area: 324100m2
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Property Details for 191 Repentance Creek Rd, Rosebank

191 Repentance Creek Rd, Rosebank is a 7 bedroom, 4 bathroom House with 2 parking spaces. The property has a land size of 324100m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 7 bedroom House sold in Rosebank in the last 12 months.

Building Type
House
Land Size
324100m2
Local Government
Lismore
Lot/Plan
7/DP625596

Last Listing description (October 2024)

PRODUCTIVE MACADAMIA FARM WITH SEVERAL ADDITIONAL INCOME STREAMS

* 32.4 pristine hectares (80 acres)
* Two well separated Council approved dwellings

This property has significant earning capacity with two rental incomes, NBN & Optus tower leases, and farm production.

Approximately 30 acres have been developed into the macadamia farm, being relatively gentle land with the remaining acreage providing a mixture of open space and timbered rainforest slopes with beautiful landscape views. There are also approximately 7 acres of fenced horse paddocks, a round yard, and a full-size arena.

The location is awesome for farming and it is a horse lover's delight with trail rides to Minyon Falls and the local creeks. For your convenience, the local General store at Clunes 11.4 km (around 12 mins for general stores, service stations, and cafes)

The original well-maintained farmhouse will fill your cup with old-world charm. Spacious and comfortable it features two levels for dual living, beautiful hardwood timber floors, high ceilings, decorative timber walls, a massive country kitchen, 2 bathrooms one being a federation-style bathroom. Enjoy beautiful views of the hinterland and beyond to the Night Cap Range.

The second level of this farmhouse is a newly renovated one-bedroom home. For privacy, it enjoys its own driveway and front entrance. Includes; a new bathroom, a kitchenette, one king-size bedroom, and a spacious living area. A bonus is a patio for outdoor living. Currently rented at $450 per week.

The second 3 bedroom dwelling has a beautiful country kitchen with Miele appliances with timber bench tops, 2 bathrooms one being an ensuite, a large living /dining area, a double car garage, and a large covered entertainment area with stunning views to the north. Currently rented at $700.00 per week.

The farm has impressive sheds for equipment, including a lockup garage. Water storage includes 200,000 litres of rainwater, 40,000 litres of Bore water for automatic watering of horse & chicken troughs. The farm has 4 dams including 1 spring-fed dam and 6.5 kW of Solar Panels.

2800 Productive Macadamia Trees with room for additional plantings.
The second dwelling income is currently $700 per week
The lower level of the main dwelling currently rents out at $450 per week
NBN and Optus Tower leases - passive earning over $20K a year (cpi adjusted)

There is potential to continue the roadside farm stall with the chicken coups you could earn $100 to $500 per week selling fruit, veggies, and eggs. There is also a small business set up to sell Heritage breed of Black Copper Marans fertile eggs selling $100/dozen.

Vendors are committed to sell - all offers will be well considered, so don't delay to register your interest.

Inspections available 11:00am Wednesdays and 11:00am Saturdays - please phone to arrange a viewing.

GENERAL INFORMATION
- Federal general Store just 17 Km
- Minyon Falls is just 7 Km (horse riding is possible to Minyon Falls from this property)
- Mullumbimby 20.6 km
- Lismore 26.5 km
- Rosebank Primary School 4.3 km
- Goonengerry Primary School 8.7km
- Mullumbimby High School 20 km
- Byron Bay 32.9 km (approx. 40 mins)

Heating & Cooling
Air Conditioning
Open Fireplace
Outdoor Features
Deck Outdoor
Entertainment Area
Secure Parking
Shed
Indoor Features
Broadband Internet Available
Built-in Wardrobes
Dishwasher
Floorboards
Pay TV Access
Rumpus Room
Study
Workshop
Eco-Friendly Features
Grey Water System
Solar Panels
Water Tank

Property History for 191 Repentance Creek Rd, Rosebank, NSW 2480

A timeline of how this property has performed in the market
Last Sold
$2,140,000
23 Sep 2024
Listed for Rent
$550/w
12 May 2020
  • 23 Sep 2024
    Sold for $2,140,000
  • 25 Aug 2024
    Listed for Sale $2,250,000
  • 16 Feb 2023
    Listed for Sale 2.2 mil
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About Rosebank 2480

The size of Rosebank is approximately 29.8 square kilometres. It has 1 park covering nearly 0.2% of total area. The population of Rosebank in 2011 was 508 people. By 2016 the population was 397 showing a population decline of 21.9% in the area during that time. The predominant age group in Rosebank is 60-69 years. Households in Rosebank are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rosebank work in a professional occupation. In 2011, 74.3% of the homes in Rosebank were owner-occupied compared with 71.6% in 2016.

Rosebank has 187 properties. Over the last 5 years, Houses in Rosebank have seen a 71.10% increase in median value. As at 30 November 2024:

  • The median value for Houses in Rosebank is $1,420,981 while the median value for Units is $721,798.
There are currently 3 properties listed for sale, and no properties listed for rent in Rosebank on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Rosebank.

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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.