97 Middle Road, Palmers Island, NSW, 2463, Australia

Situated only 10 klms from the very popular township of Yamba, in Northern NSW, this attractive property offers an easy way of living for the retiree, to the family looking for something solid to leave their children in later life.
With a land area of 34.1 Ha (85 acres), the property stretches from Middle road to the West, and Micalo Creek to the East. The boundary is well fenced and has town water outlets over most of the property for stock watering.
The classic homestead, built around 140 years ago, has been beautifully restored from top to bottom. It has solar power, solar hot water, and sits on 4 acres of level land with some 10 varieties of fruit trees (South American Species) enhancing the outlook. Polished timber floors and 3m ceilings encompass the three bedrooms (main ensuite). Large, modern kitchen, dining room, lounge room, office alcove, covered verandas on three sides, plus a separate bed/laundry/bathroom area to the East of the building, give this homestead grace and space.
Three big garages plus a workshop equipped with 3 phase power are in the homestead area.
The property has 46 acres of cane which is around 10 months old, grown under a share farming agreement, where all the planting, fertilizing, and crop maintenance cost are borne by the contractor. The cane, when harvested after around 24 months after being sown, is then harvested and sent to the Sugar Milling co-op at Harwood. The owner receives 20% of the returns from the Co-op, after harvesting and transport costs. At current prices the owner would be receiving around $16,000/ annum net more than enough to pay rates, electricity, water etc.
This is truly a property of grace and on-going value, and worthy of any inspection.

Please note the house is currently tenanted and subject to purchaser approval.

DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.