Located in the mid-Richmond River area, this impressive three-bedroom renovated farmhouse is set on 128 acres (52.07Ha) of fertile, well-maintained country and offers the added benefit of a secure rental income stream, with the property currently tenanted under a fixed agreement until July 2027.
Positioned at the end of a quiet dead-end road, the property is just 4km from the village of Woodburn, 14km from Evans Head and approximately 35km from the major regional centres of Lismore and Ballina.
Don't judge a book by its cover - the exterior does little to reveal what awaits inside. The home has been fully renovated and features three bedrooms, an office area, renovated bathroom and kitchen, new floor coverings throughout, air-conditioning and ceiling fans in most rooms. The current fixed-term tenancy provides an attractive opportunity for purchasers seeking both a well-appointed rural property and an established rental return through to July 2027.
The land is immaculately maintained and comprises approximately 7-8 paddocks, with good to excellent fencing throughout. A set of steel cattle yards is conveniently located at the front boundary, while a comprehensive water reticulation system, including dams, provides reliable livestock water.
With an estimated carrying capacity of 60-70 breeders, the property offers excellent grazing potential. The land would also lend itself to cropping, with a large proportion of neighbouring properties currently utilised for cropping.
Combining fertile country, established infrastructure, a renovated home and the added security of a fixed-term tenant, this well-located property offers an outstanding rural investment or future lifestyle opportunity close to the coast.
Features
21489050
Property ID
3
Bedrooms
1
Bathrooms
52.07 Hectare approx.
Land Size
$559 Quarterly
Rates
Split System
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