VERSATILE LIFESTYLE PROPERTY IN PRIME POSITION
This versatile 73 acre property with dual access of Brooms Head Rd and Sheehans Lane, at Gulmarrad NSW, has a lot offer in terms of lifestyle and development opportunity down the track.
The country is mostly cleared, apart from shade timber and is currently under cane. Approximately 20 acres is completely out of flood and has heavy loam soils on the lower parts, ideal for cropping, citrus, macadamia production, or cattle fattening and breeding. It is completely fenced apart from around the cane pad area.
The property comes with a dwelling eligibility, has mains power running across the property and town water access at the boundary from 2 points. Rates are around $1200 per annum.
As previously stated the land is under cane which will be harvested this 2018, except for approximately 10 acres, which will be part of the 2019 harvest – if the property is purchased before this harvest begins the 10 acres of cane will be part of the sale – figures are available for this income.
This property offers the retiree a modest income and the opportunity to remain active and productive, with easy access to Brooms Head and Yamba beaches as well as the mighty Clarence River.
For further information and inspection, please contact Ian Dunbar on 0414 949 531, or our head office in Yamba, on (02) 66 462 400.
Fast Facts about Gulmarrad
The suburb of Gulmarrad is located in the Local Government area of Clarence Valley and covers an area of approximately 30.7 Sq Km.
The surrounding suburbs include Taloumbi, Palmers Channel and James Creek.
Currently, the median sale price of Houses, Units and Vacant Land in Gulmarrad is $347,293 compared to $310,467 for the Local Government Area of Clarence Valley.
Local Amenities include a Church. There is a Park and a Primary School.
In 2011, the population of Gulmarrad was 1,404, with the main age group being people between 50 and 59 years of age.
Married people account for 89% of the population and households in Gulmarrad are mainly Couples with no children.
There are approximately 489 dwellings, with the majority of these (98%) being house. 52.1% of properties in the area are fully owned, with 40.9% of the properties being purchased and 94% being owner occupied.
The largest segment of the population are Not in Labour Force, in general those in employment work as Technicians and Trades people with most people travelling to work by driving a car.