Located close to Lismore this 41 acre (16.59HA) property has future subdivision potential (subject to council regulations). With boundary's on Tucki Tucki creek, Rous and Taylor Road this allows for other rural/commercial possibilities. Yes, this is a long tern investment however whilst waiting for a subdivision to be approved, other income can be derived from this property. For example: A two storey modern brick home is ideally suited to a large family as it features 5 bedrooms, polished Tassie Oak floors throughout, timber kitchen, downstairs are 3 garages plus a 6th bedroom with its own bathroom, and would rent for $350 to $400 per week. A second four bedroom house on the land (the original cottage) is currently rented for $220 per week. Two tennis courts with night lighting could be rented; the current rate is $12 per hour. The property is connected to town water but also has 15,000 gals rainwater storage and a second unnamed creek. Solar HW keeps the hot water bills down. There is a home orchard with Mulberries, pecans, lemons, mandarins, orange, peaches and pear trees also a vege garden. The property is divided into 11 paddocks and has several sheds a disused dairy and a newish set of cattle yards. Rates $4611 pa (09). Very close to town.
For inspection phone Jackie on 0428 212 388
SOME VENDOR FINANCE AVAILABLE TO APPROVED PURCHASER
