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26 Point Road, Coldstream, NSW 2462

$336,000Sold on January 22, 2018

Secluded riverfront house block on premium farmland

Consisting of 40 alluvial acres, 26 Point Rd is a rare gem in today’s developed world.
A current building entitlement, frontage to both the Coldstream River and Broadmouth Gully, and the ability to produce good income from primary production make this property a rare find as the canvas to build your “forever home.”
Situated between Grafton and Maclean, access to the property is by a series of charming country roads.
The block itself sits at the end of a crown-owned laneway that services only this property ensuring maximum privacy and a genuine sense of seclusion but within 20 minutes of Grafton and surrounding beaches.
It has been such a popular family holding that it has not been offered to the market since 1921.
Bumper crops of sugar cane, potatoes and corn have all been grown on the fertile country and improved rye grass, oat and lucerne pastures have also been planted to boost productivity for the grazing cattle.
The carrying capacity of the block is 18 cows and calves and you only need to see the condition on the cattle currently enjoying the green feed to know what a productive piece of land it is.
The property boasts improvements of timber cattle yards and a three bay enclosed shed with concrete floor, as well as a drive through open bay for the caravan.
The shed site overlooks the Coldstream River where quality fishing, swimming and boating can be enjoyed right on your doorstep.
The Broadmouth Gully which forms part of the rear boundary is another favourite summer spot.
The vendors advise that the record 2013 floodwaters never reached the height of the shed floor.
There is no power connected, but town water services the troughs and shed, and a landline phone connection is also on site.
The building entitlement on this block will be permanently extinguished on December 23, 2021 if no Development Application has been submitted to Clarence Valley Council prior. This is due to a change in the local council’s LEP in 2011 which gave a ten year sunset clause for blocks under 100 acres which no longer qualified for building entitlements under the new rules.
If you are planning on building your perfect rural home in the near future, this remaining four year period will allow you plenty of time to plan.
This much-loved farm will be sold at auction on Saturday December 9, on-site at 10am. A clearing sale for the farm machinery will be held on the same day.
Please watch the video to get a good overview of the block then book your personal inspection by calling (02) 6643 4411.

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General Features

Bathrooms: 1
Bedrooms: 1
Land Area: 161874 m2
Car Spaces: 4
Indoor Features

Outdoor Features

Garages: 4

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