100 Acres in Wauchope - Two Houses, 6 Cabins , Bunkhouse and multiple sheds!

481-483 King Creek Road, King Creek, 2446

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1,250,000 AUDEst. Mortgage: AUD 8,783/monthFor Sale
  • Ownership Type Acreage/semi-rural
  • Property Area 401,000 sqft
  • Bedrooms 7
  • Bathrooms 4
  • Furnished No
  • Last Updated 3rd Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Outdoor Entertaining Area
  • Swimming Pool - Inground
  • Carport: 3
  • Secure Parking
  • Built-in Wardrobes
  • Reverse-cycle Air Conditioning
  • Workshop

Property Overview

Situated on 100 acres (40.10ha), adjacent to King Creek, with excellent income potential. Featuring two brick veneer houses, 6 cabins, a 40 bed bunkhouse with commercial kitchen and 2 bedroom family unit, plenty of machinery sheds and a dam. Only 5 minutes drive to Wauchope and 20 minute drive to beautiful Port Macquarie and pristine beaches.

Features of this property include:-
- Spacious 4 bedroom home with 2 bathrooms and extra WC in laundry, double garage and swimming pool with bbq area
- Neat and tidy 3 bedroom home with 2 bathrooms, single garage which is currently used as an office but can be converted back to a garage, huge covered entertaining area at the rear with easy access to the sheds and bunkhouse.
- 6 freestanding cabins (fully furnished) - with electricity and water
- Two caravan parking sites with power and water
- Bunkhouse which accommodates up to 40 people - ideal for schools, dirt bikes rallies, sporting groups, clubs, Scouts or girl guides, the list is endless. 4 separate rooms complete with bunks, bathroom facilities with 4 showers and 4 toilets in both the ladies and gents. The dining area can be set up for 40 people with room for more if needed. Full commercial kitchen and two bed unit which accommodates up to 7 people (normally teachers or leaders to the group) and suitable for disabilities with wheelchair access , 2 toilets (male and female), separate bathroom with shower and small bath tub.

There is so much potential as a venue for corporate events, weddings, school gatherings, sporting events, girl guides/scouts, horse riding groups or you can simply rent the facilities out separately to achieve an excellent investment return. Golf Enthusiasts will love the golf driving range that has been a favourite place to come for locals and tourists for years. The owner has retired and now ready to pass this property onto someone who is up for the challenge to establish a very profitable business once again (stca). It was once a successful farmstay business.

Potential Rental Income:
4 Bedroom House $570-$600 per week
3 Bedroom House $450-$500 per week
2 bedroom unit $360-$380 per week
Bunkhouse/function centre: variable depending on numbers.
Cabins: approx $300 per week each x 6 ($1800 pw if all occupied) short term accommodation

This fantastic Mid North Coast location is only 380 km’s north of Sydney, 580 km’s south of Brisbane. The opportunity to live a rural lifestyle with an attractive income stream is ready to go. Self funded superannuation funds, dual families, entrepreneurs, health organisations, non for profit organisations etc should definitely look at this property!

This property is priced to sell. Call Jenny Magill on 0490 403 051 for your private inspection today!

Location on Google Map

481-483 King Creek Road, King Creek, 2446

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