OFF MARKET

2 Terara Road
Terara NSW 2540

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 55499m2
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Property Details for 2 Terara Rd, Terara

2 Terara Rd, Terara is a 0 bedroom, 0 bathroom House. The property has a land size of 55499m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Land Size
55499m2
Local Government
Shoalhaven
Lot/Plan
3/DP505763

Last Listing description (July 2024)

Rarely does a property arise that presents such size, versatility in a prime position. Situated on the Shoalhaven River this extraordinary property has many creative possibilities.

Located just 1 klm off the Princes Highway and only 3klms from the centre of Nowra, this truly is a hard-to-find prospect with a big and bright future.

Zoned RU1 primary production this 55,500sqm (or approx. 14 acre) property is just an hour south of Wollongong or 2 hours from Sydney.

Site options include*: Agriculture; Animal boarding or training establishments; Aquaculture; Artisan food and drink industries; Boat building and repair facilities; Camping grounds; Cellar door premises; Cemeteries; Community facilities; Crematoria; Depots; Eco-tourist facilities; Educational establishments; Environmental facilities; Environmental protection works; Extractive industries; Farm buildings; Food and drink premises; Markets; Places of public worship; Plant nurseries; Recreation facilities; Roadside stalls; Rural industries; Rural workers' dwellings; Tourist and visitor accommodation; Veterinary hospitals. and many more, *subject to council approval.

Property highlights:
Level grass block, currently used for silage (stock feed).
Machinery and farm sheds.
Over 145 metres of waterfront reserve leading onto the Shoalhaven River.
Access to essential services such as water and power at the front boundary.

This popular Shoalhaven destination is home to some of Australia's most pristine beaches and is filled with cafes, eateries, shopping amenities and supporting businesses.

The opportunities of this property are unprocurable in this waterfront location. Seize the chance to secure the future of this outstanding parcel of land and unlock its full potential.

Contact Rachael Griffin of First National Wollongong to request an appointment 0414 601 336.

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Property History for 2 Terara Rd, Terara, NSW 2540

A timeline of how this property has performed in the market
Last Sold
$1,550,000
16 Nov 2021
  • 27 Sep 2023
    Listed for Sale EXPRESSIONS OF INTEREST
  • 16 Nov 2021
    Sold for $1,550,000
  • 24 Sep 2021
    Listed for Sale Open to Offers
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About Terara 2540

The size of Terara is approximately 8.9 square kilometres. It has 3 parks covering nearly 0.7% of total area. The population of Terara in 2011 was 241 people. By 2016 the population was 217 showing a population decline of 10.0% in the area during that time. The predominant age group in Terara is 60-69 years. Households in Terara are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Terara work in a trades occupation. In 2011, 66.7% of the homes in Terara were owner-occupied compared with 73.7% in 2016..

Terara has 203 properties. Over the last 5 years, Houses in Terara have seen a 59.73% increase in median value. As at 31 October 2024:

  • The median value for Houses in Terara is $823,654 while the median value for Units is $422,954.
There are currently 2 properties listed for sale, and no properties listed for rent in Terara on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Terara.

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