2 Alternative Way, Nimbin, NSW 2480 | Other for sale | OnTheHouse
 
FOR SALE
$1,995,000

2 Alternative Way
Nimbin NSW 2480

Bedrooms: 12
Bathrooms: 2
Car spaces: 6
Land area: 3331m2
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"Nimbin Storehouse"

3,381m² | RU5 Village | Workshop/Storage
A little bit different. A lot of potential.
Here’s a commercial property with plenty going for it — and one that’s hard to replicate in Nimbin.
Set on a huge, level 3,381m² corner block, right at the entrance to Nimbin’s Eco Village, this established workshop/storage property has a lovely Northern Rivers feel, with mature trees around the boundaries and beautiful views towards Blue Knob Mountain.
And yet, you’re only a few steps from the village.
There are currently two substantial workshop/storage buildings, providing 10 lockable bays in total — seven bays in the first building and three deeper bays in the second.
There’s also leasable container options, bathroom and toilet facilities, power and water, wide sealed and kerbed road frontage, bitumen access and part-driveways.
Based on the size and nature of the workshop/storage spaces here, we estimate potential gross income could sit somewhere around $80,000–$93,000 per annum, subject to leasing, market demand and the individual spaces.
But this is where the opportunity gets really interesting.
There appears to be scope to increase the current rental return, with local storage rents providing a useful benchmark.
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Property Details for 2 Alternative Way, Nimbin

2 Alternative Way, Nimbin is a 12 bedroom, 2 bathroom Other with 6 parking spaces. The property has a land size of 3331m2. The place is currently for sale with @realty.

Building Type
Other
Land Size
3331m2
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About Nimbin 2480

The size of Nimbin is approximately 72.9 square kilometres. There are 5 parks, covering nearly 3.1% of the total area. The population of Nimbin in 2016 was 1477 people. By 2021 the population was 1607 showing a population growth of 8.8% in the area during that time. The predominant age group in Nimbin is 60-69 years. Households in Nimbin are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nimbin work in a professional occupation.In 2021, 73.30% of the homes in Nimbin were owner-occupied compared with 68.80% in 2016.

Nimbin has 971 properties. Over the last 5 years, Houses in Nimbin have seen a 25.14% increase in median value, while Units have seen a 59.44% increase. As at 31 August 2026:

  • The median value for Houses in Nimbin is $727,279 while the median value for Units is $521,792.
  • Houses have a median rent of $580.
There are currently 35 properties listed for sale, and 3 properties listed for rent in Nimbin on OnTheHouse. According to Cotality's data, 37 properties were sold in the past 12 months in Nimbin.

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Adrianna Jenkins
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@realty
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