1080 Neileys Lagoon Road, West Bungawalbin, NSW 2471 | Property Value & History | OnTheHouse
OFF MARKET

1080 Neileys Lagoon Road
West Bungawalbin NSW 2471

Bedrooms: -
Bathrooms: -
Car spaces: 10
Land area: 4047000m2
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Property Details for 1080 Neileys Lagoon Rd, West Bungawalbin

Building Type
Rural
Land Size
4047000m2
Local Government
Richmond Valley
Lot/Plan
39/DP755607

Last Listing description (November 2024)

A unique opportunity presents to secure a large-scale certified organic Tea Tree farm set on approx 404.7 hectares of freehold tenure in the spectacular Northern Rivers Region.

Nestled just 25 minutes from the historic town of Coraki, this prime rural zoned parcel sits in the supremely beautiful district of Bungawalbin approx. 40-minutes from Evans Head, 45 minutes to Lismore Airport, 1 hour to Ballina Airport, 1 hour to Byron Bay and 2 hours to the Gold Coast.

"Robyndale" is comprised of a cleared and developed 145 ha of intensive irrigated land, 30ha of cleared land and 230 ha of remnant forest. There is an irrigation licence issues by the Department of Primary industries current until December 2023. Irrigation is installed to all growing paddocks however maintenance will be required to get all paddocks fully operational.

Set on the property is a fully operational distillation shed constructed of iron roof and steel frame with a floor area of 347 sqm. Features include:

- Concrete floor
- Semi-enclosed
- Generator to provide power generator
- Full security and internet access
- Solar battery set up

Includes equipment required for the operation of tea tree harvest and distillation, as follows:

- Boiler
- Distillation plant equipment
- Tea Tree Harvester
- Harvest Bins
- Disc and Cultivating equipment

Robyndale is used as a farming enterprise for certified organic tea tree oil a Ideally located in the upper reaches of the Northern Rivers,the farm is in an area that isnot subject to regular flooding and has access to very good natural water resources, provided by Bungawalbin Creek and gully systems. There are two large natural billabongs and one dam on the property.

There is also an opportunity to set up a cattle enterprise on the property given the large parcel of land, and farming country is fully fenced with new fencing.

The property is certified organic to Australian and USDA standards, and acommitment to sustainable practices has been at the forefront of the current farming operations, working with nature to ensure soil and plant health to promote ecological balance.Farming practicesadhere to standards
which prohibit the use of synthetic chemicals, including pesticides,fungicides,and herbicides.The boundary fencing across the property has also recently been replaced, as well as landscaping
completed at the farm entry gate area.

The tea tree industry is well known as a clean and low by-product industry with minimal waste in comparison to other farming sectors. Within proximity to the local markets and close to amenities this outstanding property is sure to appeal to those with an appreciation for the many benefits of sustainable eco-friendly farming in a natural habitat amongst the best Mother Nature has to offer.

Please call Brian O'Farrell for details 0428 661 400

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.

Property History for 1080 Neileys Lagoon Rd, West Bungawalbin, NSW 2471

A timeline of how this property has performed in the market
Last Sold
$2,125,000
21 Aug 2024
  • 21 Aug 2024
    Sold for $2,125,000
  • 27 Mar 2024
    Listed for Sale PRICE REDUCED $2,400,000
  • 11 Jul 2012
    Sold for $690,000
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About West Bungawalbin 2471

The size of West Bungawalbin is approximately 59.3 square kilometres. There are 5 parks, covering nearly 30.9% of the total area. The population of West Bungawalbin in 2016 was 64 people. By 2021 the population was 54 showing a population decline of 15.6% in the area during that time. The predominant age group in West Bungawalbin is 40-49 years. Households in West Bungawalbin are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in West Bungawalbin work in a professional occupation.In 2021, 137.50% of the homes in West Bungawalbin were owner-occupied compared with 111.70% in 2016.

West Bungawalbin has 50 properties. As at 30 September 2026:

  • The median value for Houses in West Bungawalbin is $619,511.
There are currently 1 property listed for sale, and no properties listed for rent in West bungawalbin on OnTheHouse. According to Cotality's data, 3 properties were sold in the past 12 months in West bungawalbin.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.