Price Undisclosed

5 Bed  •  4 Bath  •  4 Car  •  400000m²

Main view of Homely rural property listing, 90 Mount Browne Road, Karangi, Coffs Harbour NSW 2450
Floorplan of Homely rural property listing, 90 Mount Browne Road, Karangi, Coffs Harbour NSW 2450
Second view of Homely rural property listing, 90 Mount Browne Road, Karangi, Coffs Harbour NSW 2450
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Sold

90 Mount Browne Road, Karangi, Coffs Harbour NSW 2450

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Price Undisclosed

  • 5
  • 4
  • 4
  • 400000m²

Rural Property Sold on Wed 15 Jul, 2015

What's around Mount Browne Road, Karangi

Rural Property description

“Quality lifestyle property with significant income!”

Exciting opportunity exists for your dream lifestyle change with the offering of this picturesque hinterland property consisting of a very comfortable 5 bedroom, 4 bathroom residence, four timber cottages, pool and various outbuildings in addition to DA approval for a further 26 holiday cabins.

Conveniently located a ten minute drive from the Coffs Harbour city centre, the 100 acre property (approx) is approximately 75 acres cleared with 25 acres of sub-tropical rainforest. Fully fenced for beef cattle with stock yards and a stable, the property has established avocado trees, mango trees, a huge deep dam stocked with bass plus a 49 meg irrigation licence.

Elevated to enjoy commanding views down the valley from every room, the split level residence features extensive verandahs, a private covered entertaining deck with stunning easterly views, generous sized open plan living room with fireplace, formal dining area, theatre room with cinema screen, fixed overhead projector and combustion wood fire, five carpeted bedrooms set apart, two with ensuites and walk in robes, an office with separate entry plus a two car lock up garage with storage and work area.

Terraced gardens provide privacy from the driveway which leads to the machinery shed with power, lighting and an extra parking area.

Further along the sealed driveway and well removed from the main residence, yet close enough for convenience, the four separate timber weatherboard cottages feature exposed timber beam ceilings, pine lining, verandahs and lovely leafy outlooks. There is one 3 bedroom cottage, two 2 bedroom cottages and a one bedroom cottage.

Central to the cottages is a fenced in-ground 7 metre fibreglass pool and a rustic country style barbeque shed with bar, pool table and two bathrooms. It offers a great place for casual get-togethers and has a north and west facing aspect affording delightful sunset views.

The DA approval allows for substantial development with approval for a further 26 cabins, or you may choose to simply improve on the present infrastructure to create a viable hospitality business. Considering the excellent location close to the coastal resort city of Coffs Harbour (with several daily daily flights from Sydney via Virgin and Qantas), plus the magnificent outlook and private position of the property and cottages situated on beautiful farmland, the opportunities are endless.

For the investor the property offers significant potential rental returns of over $1500 per week.

Land details

Area: 400000m²

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90 Mount Browne Road, Karangi, Coffs Harbour NSW 2450
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