Rural for sale

49 Kings Ridge Forest Road,

Coramba, NSW

6 3 4
Price Reduction - $1.495m

Outstanding Views and Two Income Streams on 115 acres....

Located just over 5 minutes from Coramba, and overlooking the stunning countryside from this impressive 115 acre holding, your new lifestyle property includes two houses, swimming pool, tennis court, equestrian facilities and extensive infrastructure.

Positioned on the corner of Eastbank Road and Kings Ridge Forest Road, this picturesque property has been operating as a successful Christmas Tree Farm for the past 10 years. There is the option to continue the Christmas Tree operation or easily convert the paddocks to accommodate livestock, horticulture or any other use.

There are approximately 70 cleared acres (60%) with the balance timbered country, some suitable for logging. Your expansive, 6 bedroom brick homestead, with ducted air conditioning, sits high on the hill overlooking the property and to the mountain range in the is quite a view!!!

The 6 bedroom double brick home consists of an open plan living area with modern kitchen plus a separate lounge room with open fire place and adjoining bar. There is also a wood fire heater in the open plan living area. Off the living area is a sun room/billiard room or separate living area that leads outside to the substantial entertaining area. Also located downstairs are two bedrooms, bathroom and laundry.

Up the stairs and there are a further 4 bedrooms plus 2 bathrooms, one being an ensuite to the master bedroom, the main upstairs bathroom having been recently renovated.

Partially shaded, the entertaining area surrounds the swimming pool. You will spend countless hours here throughout the warmer months. The surrounding landscaped garden area has been well maintained and there is simply nothing left to do but enjoy!

There is extensive infrastructure throughout the property including 2 large machinery sheds. One shed is approximately 144m2 (18m x 8m), including awning area, whilst the second shed, located amongst the equestrian facilities and includes 4 stables, is approximately 225m2 (25m x 9m). Close by is the full size horse riding arena.

Other features of the property include a bore (licensed for 20 megalitres) plus large dam and 3 phase power. There is a floodlit tennis court, which would benefit from a resurface, plus the bitumen driveway from the road to the house is lined with fruit trees.

Located a few hundred metres away from the main house is the second dwelling. Currently rented for $400pw, the house comprises kitchen and open plan living, 3 bedrooms, one bathroom plus garage or rumpus room. With plenty of level land around this home, it is a great addition for the expanding family, guests or additional income. Either way, this is a real bonus.

Fully fenced, the land varies from level, to gently undulating, to steep in some parts, however it is fertile throughout with a combination of mainly kikuyu, paspalum and native grasses. There is a magical creek running through the property where you will find an abundance of wildlife.

The equestrian facilities are superb with a 20 x 60 m fully fenced, sand dressage arena, stables and horse friendly fencing to 4 paddocks with automatic drinkers. There is considerable potential to further develop this facility if required.

Located just over 5 mins from Coramba and approximately 20 minutes to the Coffs Harbour CBD, this property represents extraordinary value... you don't want to miss this one!

Call Michael Ball today for further information.

Approx 115 acres
Two income streams
Majority cleared
Two houses
6 bedroom + 3 bathroom homestead
Ducted air conditioning
Swimming pool
Tennis court
Outdoor entertaining area
Landscaped gardens
3 bedroom + 1 bedroom rented home
Currently operating as a Christmas Tree enterprise
Easily convertible to pasture
Grazing or farming... your choice
Extensive infrastructure
Stables + adjoining shed
Full size sand horse riding arena
Fully fenced horse paddocks
Large machinery shed + adjoining open sided undercover area
3 phase power
Large dam
Bore (20 mega litre licence)
Just over 5 minutes to Coramba
Approximately 20 minutes to Coffs Harbour
Incredible value .....
Last updated: 03:09AM on Jun 9th 2018
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