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780 Myall Creek Road, Bora Ridge, NSW 2471, 2 Bedrooms, 2 Bathrooms, Lifestyle Property

$1,200,000

780 Myall Creek Road, Bora Ridge, NSW 2471

2
2
5
771600m2
Lifestyle PropertyListed on Tue Nov 5

Bora Ridge 190 ACRES - DWELLING AND 2ND DWELLING OPPORTUNITY

Consisting of three allotments this property is 77.16ha or 190 acres of mixed farming opportunity.

Two allotments (lot 108 & 109) are approximately 140acres and contain a neat and tidy two-bedroom dwelling - with sleepout. The home has been tastefully renovated to include a renovated bathroom, with a claw foot bath taking centre stage in the bathroom with a separate shower.

There is a large lounge room with a fireplace, another adjoining family room and a separate study/office nook. The home has air conditioning, solar power, solar hot water and a six-burner gas stove in the kitchen.

There are hardwood floorboards throughout the main traffic areas with ornate plasterwork in both the lounge and dining areas. Most rooms have views overlooking the property with the entire house being light and airy.

The garage/workshop with a two-car carport is detached from the dwelling and provides plenty of storage and security. The laundry is located in the shed with a second shower and toilet. There is a recently built machinery shed a short distance away from the dwelling.

The property is currently tenanted with an excellent long-term tenant in place.

Second Dwelling Opportunity

Lot 107 is approximately 50acres and contains a separate dwelling opportunity. This would be ideal to build a new home as it is flood free... and the original dwelling could remain an income producing investment !

The entire property has mixed farming opportunities, with the current owners growing ti-tree, soya beans and conducting a beef cattle grazing operation of around 35-40 breeders. As stated, during wetter times the property has been utilised as a flood free location for livestock.

The property is fully fenced with approximately 50-60% of the property cleared for grazing or cropping. The uncleared areas of land are lower wetland areas, which have an abundance of wildlife and useful during dry times.

There is a set of steel cattle yards on the eastern boundary, easily accessible by truck for livestock management. Access for larger machinery for cropping purposes is also possible.

The property is very private, but only 10 minutes from the village of Coraki, 30 minutes to Evans Head or the Regional town of Lismore and only 25 minutes to the M1 on ramp to head north or south.

This property is a great opportunity for numerous income streams along with the possibility of building another 'forever home' in a quiet private rural setting.

Call for a private inspection.

Location

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Estimate

Council Data

Last update : 2024 11 30
Land value$272,000
Land567600m²
Planning ZonePrimary Production
Key SitesNo
Future Residential Growth AreaNo
Active Street FrontagesNo
Urban Release AreaNo
Obstacle LimitationNo
Lot Size100 ha
Height of Building8.5 m
Flood ZoneNo
Sulfate SoilsClass 5
BushfireVegetation Buffer
Landslide RiskNo
HeritageNo
State Significant Dev SitesNo

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Coraki Public School
9.76 km
Primary
K-6
Government
icsea: 808
The Rivers Secondary College, Lismore High Campus
26.08 km
Secondary
7-12
Government
icsea: 943

Property history

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Bora Ridge surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
955 MYALL CREEK RD, Bora Ridge
1.84 km
4
2
-m2
Year 2024 Month 10 Day 14
$640,000
Council approved
53 YABSLEY ST, Coraki
9.63 km
0
0
-m2
Year 2024 Month 10 Day 09
-
Council approved
1110 BUNGAWALBIN WHIPORIE RD, Bungawalbin
5.56 km
0
0
-m2
Year 2024 Month 10 Day 02
-
Council approved
106 BRIDGE ST, Coraki
10.27 km
3
1
-m2
Year 2024 Month 08 Day 20
$310,000
Council approved
79 Richmond Terrace, Coraki
10.27 km
3
1
-m2
Year 2024 Month 07 Day 31
-
Council approved

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Ref:21426405Last update:2024-11-29 20:56:28