OFF MARKET

370 South Ballina Beach Road
South Ballina NSW 2478

Bedrooms: 3
Bathrooms: 1
Car spaces: 30
Land area: 1458120m2
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Property Details for 370 South Ballina Beach Rd, South Ballina

Building Type
Land
Land Size
1458120m2
Local Government
Ballina
Lot/Plan
4/DP263643

Last Listing description (December 2020)

The South Ballina Sand Quarry situated on 194.63ha with frontage to the Pacific Ocean Reserve and The Richmond River is a remarkable opportunity to acquire a very lucrative business plus the scope to utilise the land which comprises ten (10) separately titled allotments, each lot has a dwelling entitlement. The property is situated approximately 10 kilometres by road and ferry from the booming emerging Regional Centre of Ballina. The sand quarry has been in operation by the present owners since 1996. The current development approval commenced on 4th September 2008 and expires on the 31st August 2033. The approval allows for a maximum extraction of 75,000 tonnes p.a, extraction average indicate 59,000 tonnes p.a. The quarry site comprises of 110.99ha, the site recently obtained project approval for extension of the existing approved sand quarry footprint. The extraction area is 7.917ha. There are six (6) individually title rural residential homesites ranging from .41ha to 2ha. Each lot fronts the Richmond River at Mobbs Bay and South Ballina Beach Road. The beach reserve front lot has an area of 74.67 ha. What a stunning location to live. At present on the site is a very comfortable three bedroom cottage and a huge machinery shed comprising 450m2 approx. Approximately half of this site is clear for grazing. Fenced into three paddocks with five troughs.Please email the office for an Information Memorandum mshay.admiral@ljhooker.com.auTender closes 4pm Friday 4th December 2020 at LJ Hooker Ballina, 89 River Street Ballina

Property History for 370 South Ballina Beach Rd, South Ballina, NSW 2478

A timeline of how this property has performed in the market
Last Sold
$179,375
22 Mar 2021
  • 22 Mar 2021
    Sold for $179,375
  • 22 Mar 2021
    Sold for $179,375
  • 22 Mar 2021
    Sold for $264,375
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About South Ballina 2478

The size of South Ballina is approximately 5.3 square kilometres. It has 3 parks covering nearly 67.8% of total area. The population of South Ballina in 2011 was 175 people. By 2016 the population was 19 showing a population decline of 89.1% in the area during that time. The predominant age group in South Ballina is 50-59 years. Households in South Ballina are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in South Ballina work in a professional occupation. In 2011, 77.8% of the homes in South Ballina were owner-occupied compared with 50% in 2016..

South Ballina has 78 properties. Over the last 5 years, Houses in South Ballina have seen a 47.23% increase in median value. As at 31 October 2024:

  • The median value for Houses in South Ballina is $959,820.
There are currently no properties listed for sale, and no properties listed for rent in South ballina on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in South ballina.

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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.