4756 Palana Rd, Palana is a 2 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 1410m2. While the property is not currently for sale or for rent, it was last sold in June 2019.
Could this be the sea change you've been looking for? Could this be the base for your perfect island getaway? Could this be part of your investment strategy or the weekender you've always dreamed of? You decide! The possibilities are endless here at Palana Retreat. With amazing, north facing, breathtaking ocean views over Blyth Bay, the Inner and Outer Sister Islands and Pratts River below, this beauty is only 2 minutes to beautiful Palana beach and a short distance to some of the most popular fishing spots on the island. The lovely 2 storey timber lined home has 2 bedrooms and 2 bathrooms, cathedral ceilings, open fire and air conditioning. Open plan kitchen and lounge room with large windows affording lovely views out to the picturesque surrounds. The very functional kitchen has a dishwasher, gas oven/stovetop, ample cupboard space and island bench. Upstairs, you'll find the master bedroom with its very own access to a balcony with sliding door to capture the night time ocean breeze. The vendor has been operating the Retreat as a successful tourism operation and this self contained holiday accommodation with transport has many satisfied return customers. The house is occupied for some 150 nights per annum. Available on a WIWO basis, furnished as seen and the vendor is even prepared to stay on as a manager if desired by the new owners. Our vendor though, has plans to potentially move on should an interested party wish to expand upon this amazing beachside property opportunity. Don't miss out on the additional opportunity to purchase the second lifestyle property next door which is currently the vendor's residence. A larger dwelling, again, with breathtaking panoramic views and a world of opportunity to realise your dream of a place to escape the hustle and bustle. Watch the tide roll in, go kayaking down the river, tend to the veggie plot or stroll along the beach and feel the sand between your toes. Please see listing for 4758 Palana Road and imagine retreating here to relax.
The size of Palana is approximately 45.9 square kilometres. It has 2 parks covering nearly 6.5% of total area. The population of Palana in 2011 was 447 people. By 2016 the population was 13 showing a population decline of 97.1% in the area during that time. The predominant age group in Palana is 70-79 years. Households in Palana are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Palana work in a trades occupation. In 2006, 20.3% of the homes in Palana were owner-occupied compared with 71.5% in 2011..
Palana has 59 properties. Over the last 5 years, Houses in Palana have seen a 251.08% increase in median value. As at 31 October 2024:
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