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Bora Ridge

780 Myall Creek Road

$1,200,000

2

2

5

Property Features

  • 21426405 Property ID
  • 2 Bedrooms
  • 2 Bathrooms
  • 3 Garage
  • 2 Carports
  • Land Size 77.16 Hectare approx.
  • Rental Return 440 Weekly Actual
  • Air Conditioning Yes
  • Hot Water Service Solar
  • Open Fire Place Yes
  • Shed Yes
  • Split System Yes
  • Study Yes
  • Workshop Yes

Property Description

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.

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