154 Cecil Street, Nimbin

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NIMBIN STYLE WITH AN AMAZING RENTAL RETURN

Set on 3.5 very usable and gently sloping acres with beautiful 180 degree views to the Border Ranges is this farmlet consisting of three dwellings - one small, one a very large shed-home, the third a 'first-stage' of the future dwelling which has all the permissions and plans in place for easy completion. Within walking distance of the village and accessed by sealed road, this property has a lovely 'feel' from the time you pass the sizeable spring-fed dam then around a winding path beside regenerated rainforest gardens to the private and distinctly separated homes.

The DA for this income producing property is for Dual Occupancy, and the current rental income (with 2 of a possible 3 tenancies) is $520 per week or $27,040 per annum. With the third rental you could possibly have an income of over $60,000. What a return!!

Each of the larger homes has extensive outdoor areas; one with rock terraces and cottage gardens, the other with an expanse of paving for outdoor entertaining. The hardwood, Colorbond and substantial steel constructions enjoy both mains & solar power, and both have lovely hardwood timber floors. One has a zero carbon woodstove which can be hooked into the electric cooking system, the other has gas cooking. Both have multiple water tanks.

Set at the end of Cecil Street's cul-de-sac the grounds are perfect for permaculture, and have numerous mature fruit trees to get you started. The dam is both an ample water supply for the land and a popular swimming 'pool'. A 'must-see' smaller acreage within town limits this one is full of potential, and with a completed main home you will substantially add value.

Call John on 0428 200 288 for your private inspection

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