“they’re not making any more of it.”
4 bedroom
3 bathroom
2 garage
28000.00 m2 Land area
The phone enquiry code for this property is – 1802
Please use the email enquiry feature to make an enquiry on this property.
Remember what Mark Twain said when talking about land? “They’re not making any more of it.” Land appreciates, buildings depreciate, so when you buy a house, you invest in the land beneath it. About 90% of the selling price of “Riverbend” is in the land beneath it. It’s a RODWELL – a Robust Older Dwelling on Well Located Land – the sort of house that appreciates the fastest.
Several years ago, the Valuer-General assessed its LAND VALUE ALONE at $2,880,000. Since then we have had sewerage and town water connected, and land values have gone up further. And yet, for only a little extra, you also get a massive two-storey brick residence, plus several other structures and countless other improvements, and, of course, absolute deepwater frontage all along its seven acres.
Valuation and price aside, what the property is really all about is its unique location. The tranquillity and the absolute privacy and beauty of the river draw you to it. If you are looking for an idyllic lifestyle where the only alarm clock in the morning is a bunch of kookaburras, where you can sit on a huge verandah overlooking the river and watch amazing sunsets, and where you are serenaded to sleep at night by the sound of frogs, you will love it here. If you thought that it was no longer possible to find paradise on earth, think again!
When we wrote, “MAKE AN OFFER!”, we meant a reasonable offer, always bearing in mind that the property’s land value alone is already close to three million dollars, but if you are a cashed-up buyer with just that little bit of money missing, vendor’s finance is available.
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Street Number: |
35-39 |
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Street Name: |
Sproxton Lane |
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Province / State: |
NSW |
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City / Suburb: |
NELLIGEN |
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Postal code / ZIP: |
2536 |
| Status: |
For Sale |
| Property Type: |
Residential |
| Category: |
House |
| Floor Area: |
0.00 m2 |
| Land Area: |
28000.00 m2 |
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