398 Nug Nug Rd, Nug Nug is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 139300m2 and floor size of 283m2. While the property is not currently for sale or for rent, it was last sold in December 2014.
Lifestyle Retreat with Tourism Potential.
With 13.93 (34 acres) of land and Mount Buffalo as a backdrop, it would be difficult to find a more serene and scenic place to reside. Approximately 16 kilometres south of Myrtleford and 4 kilometres from stunning Lake Buffalo, this magnificent property boasts a substantial Ranch Style residence set in parklike surrounds which highlight all 4 seasons of the year. It is on an elevated position, taking advantage of the extensive views over the Buffalo River Valley.
The main home has a country style warmth about it, and includes:- 3 bedrooms and 2 bathrooms; a formal lounge/dining room featuring a stone wall with a large open fireplace; an everyday living/meals area with a combustion wood heater, timber kitchen and slate flooring; a large main bathroom with spa; and a large undercover deck which is ideal for outdoor entertaining. A full verandah wraps around the main house.
Abutting the main home is a separate fully self-contained unit that has a large bedroom, kitchen, bathroom, laundry and spacious open-plan living area, perfect for visiting family, or potential as a B&B. It has its own decking area with great views over the garden and valley.
There is also a double carport with workshop attached, and a very large shed of approximately 26 metres x 12 metres with power connected which was originally built to house a semi-trailer. Two large tanks store both rainwater and water pumped from the river, providing an endless supply to the property.
The balance of the property consists of fertile river flats adjoining Buffalo River which are ideal for a few horses or cattle to supplement your income. With access to the Mount Buffalo National Park, Lake Buffalo and the river, the property is well suited to those who enjoy bushwalking, horse riding, boating and fishing. There is an abundance of wildlife and birds, especially some very friendly King Parrots!
An inspection is highly recommended.
Property Code: 2347
The size of Nug Nug is approximately 48.8 square kilometres. It has 1 park covering nearly 87.9% of total area. The population of Nug Nug in 2011 was 485 people. By 2016 the population was 6 showing a population decline of 98.8% in the area during that time. The predominant age group in Nug Nug is 50-59 years. Households in Nug Nug are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Nug Nug work in a professional occupation. In 2006, 42.4% of the homes in Nug Nug were owner-occupied compared with 75% in 2011..
Nug Nug has 19 properties. Over the last 5 years, Houses in Nug Nug have seen a 30.35% increase in median value. As at 31 October 2024:
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