OFF MARKET

491 Parker Road
Wells Crossing NSW 2460

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 151m2
Land area: 101500m2
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Last updated 4 Nov 2024
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Property Details for 491 Parker Rd, Wells Crossing

491 Parker Rd, Wells Crossing is a 0 bedroom, 0 bathroom House with 1 parking spaces and was built in 2000. The property has a land size of 101500m2 and floor size of 151m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Year Built
2000
Floor Size
151m2
Land Size
101500m2
Local Government
Clarence Valley
Lot/Plan
83/DP775063

Last Listing description (May 2022)

AS rural acreage prices continues to skyrocket, it's nice to find a property with owners genuinely willing to meet the market. This property, due to the unapproved nature of the buildings, is likely to be one of the most affordable rural dwellings in the area today.
Why is this the case? Well - due to the personal circumstances of the owners, attempts to seek approval for the building as a dwelling have stalled and, even though the list of things needed to get retrospective approval is short, the fact that no building certificate exists will see some people unable to buy the property.
An unofficial list of items required for council approval is available upon request.

Regarding dwelling entitlement - the planning certificate in the contract of sale (available upon request) confirms that this property does have dwelling eligibility.
The property is approximately 25 acres in size and the block is split into two locations (see the satellite image attached). The block with the buildings on it is approximately 10 acres and the bush block is approximately 15 acres.
There is mains power supplied to the house and there are two x 22,500 litre rainwater tanks on site. There is no connection to water or sewer mains.
There is also a dam at the front of the property.
Take a look at the photos and judge for yourself if this place would suit you.
Would you be willing to get the few things required to turn this structure into a legal dwelling? If so - the rewards will be huge and this is your opportunity.
Call Terry Deefholts on 0413 299 176 to discuss and book your appointment to view today

What is Fastrak?
Essentially Fastrak is a form of no price marketing exclusive to Elders. Buyers are asked to inspect the property and submit offers to reflect their interest. If a deal is not struck within the first fortnight, normally an asking price or price guide is placed on the property. This may vary on a case by case basis.

Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

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Property History for 491 Parker Rd, Wells Crossing, NSW 2460

A timeline of how this property has performed in the market
Last Sold
$400,000
28 Mar 2022
  • 28 Mar 2022
    Sold for $400,000
  • 14 Mar 2022
    Listed for Sale FASTRAK
  • 17 Jul 2003
    Sold for $35,000
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About Wells Crossing 2460

The size of Wells Crossing is approximately 27.7 square kilometres. It has 1 park covering nearly 0.8% of total area. The population of Wells Crossing in 2011 was 302 people. By 2016 the population was 143 showing a population decline of 52.6% in the area during that time. The predominant age group in Wells Crossing is 40-49 years. Households in Wells Crossing are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wells Crossing work in a labourer occupation. In 2011, 85.4% of the homes in Wells Crossing were owner-occupied compared with 76.1% in 2016.

Wells Crossing has 127 properties. Over the last 5 years, Houses in Wells Crossing have seen a 90.92% increase in median value, while Units have seen a 44.15% increase. As at 31 October 2024:

  • The median value for Houses in Wells Crossing is $913,640 while the median value for Units is $308,572.
There are currently 3 properties listed for sale, and no properties listed for rent in Wells crossing on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Wells crossing.

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