Positioned just a short 21-minute drive from the main street of Port Macquarie is this highly productive and beautifully presented rural property.
Upon entering the Canary Island Palm lined driveway, you immediately sense the prestige attached.
Arriving at the crest of a hill, the private garden setting welcomes you to the main homestead, and it is at this point you truly appreciate the properties astounding gardens of over 375 canary island palms, 1.8km of hedges, hundreds of shrubs and trees, plus an orchard of more than 60 exotic fruit trees.
The homestead showcases hardwood floors, expansive living areas, a modern kitchen, 3 bedrooms and 2 bathrooms, and features a large enclosed sunroom with a luxurious in-built spa.
Additional accommodation can be found in a secluded two-bedroom cottage, with a large lounge and dining area plus a sunny north facing deck. (Which could produce $400 PW* as a permanent rental or even higher returns as an AIRBNB operation)
Crestwood Park has been developed to be a wedding and event location, with magnificent canary palm lined avenues and romantic settings ideal for any wedding event. Weddings have proven to be highly lucrative, and fees start from $2,000* per event.
The property is also highly productive turning out in excess of 2000 large round bales per year, with a retail value of $75-$80* per bale in the current market, or have a contractor do the work and collect a royalty of $20* per bale.
Plus, the property has also proven to be a very popular location for camping, with guests staying by the easily assessable riverfront.
Other income sources come from the agistment of horses ( $500 PW* ) and the property also includes a commercial grade set of dog kennels, ideal for a Puppy Motel, breeding operation or perhaps a grooming business.
The property has excellent infrastructure for any rural pursuit which include, multiple open and closed sheds, stables and a round yard, plus the sale includes farm equipment and the furniture shown in the cottage.
The income potential of this property is simply amazing.
The options here are endless, continue as a wedding and event venue, or develop the property into a horse stud, Airbnb or just enjoy it as your own private rural resort.
For further information, please contact Martin Newell, the rural and lifestyle property specialist Martin Newell at Percival Property.
*Any potential purchaser should make their own enquiries to verify accuracy.
