Back 144 Korora Basin Rd
Off Market

144 Korora Basin Rd

Korora NSW 2450

6
3
3
House
Last sold for $1,100,000
John VickarsJohn Vickars, last sold this property on 14 November 2019 after 120 days on market.

Overview

A Unique Family Estate That Has Been In The Same Family Since 1939! (Now Available to View!)

8O years ago, 10.67 Ha of land was selected in the Korora Basin for its sunny aspect, excellent soil and deep-water creek (the pumping rights still exist today). A fruit cropping venture was established growing bananas, custard apples and giant avocados. Eight children were raised on the property who had the time of their lives exploring the ridges and rain forest gullies often on horseback. As time went by the cropping ceased and secondary growth took over and the property has reverted to an amazing lifestyle block with many hidden treasures waiting to be discovered. Over the years exotic trees have been planted, a number of fruiting Jaboticaba trees, Black Walnuts, Lychees, Himalayan Magnolias, a sacred fig (Buddha's Bodhi tree) and many, many more! The property has a proposed subdivision to be split into two titles (D.A. has lapsed but easily reinstated); Lot 1 (3.1Ha) had the original little old farm house which was pulled down 16 years ago and a massive 6 bedroom federation replica home was built to house the whole family, complete with ducted air-conditioning, gas heating and handpicked mixed gum timber floors. There are wide sweeping verandas and substantial water tanks. A large shed with car port at the side will accommodate three vehicles easily. The grounds are a mixture of tree planted grasslands and rain forest where a German film company shot a feature documentary a few years ago. Lot 2 is 7.67Ha with an elevated building envelope and there are also some amazing outbuildings, Outbuilding 1 has a wood fired range in the kitchen, a bathroom, multi levels with timber staircases and natural timber pole handrails, the first floor is split into four rooms, there are dilapidated sheds and a track leading to the deep water creek with a rustic iron and sleeper bridge (does need repair). Outbuilding 2 has little leadlight windows, planked doors, wood burning stove heater and there is even a barbeque area. Nearby is a large modern double shed with lean to machinery port. Both outbuildings are not council approved as dwellings and would be loosely classed as sheds but undoubtedly used as workers temporary accommodation over years past. What do you do with a property like this? Well you could just move in and enjoy it and gradually up grade and improve it and end up with the most amazing property in Korora. It is ideal for the extended family. It would suit an institution as a retreat, maybe a holiday park, start your own cult! Any proposed usages should always be considered subject to Council Approval. You could simply live in Lot 1 and sell Lot 2 or vice versa. Alternately it would make a great Hobby Farm, overall there is probably at least a couple of Ha's in good grass, enough for a few horses or a cow or two. There is capital gain to be made, there is work to be done, but I promise you that you will never find another property like this! As this is a large property to manage at inspections, children must be kept under strict control. Call John Vickars on 0426 380 201 to make an appointment to view.

Features

6 bedrooms
3 bathrooms
3 carspaces
House

Estimated Value

We need at least 3 similar 6 bedroom houses sold in Korora over the last 12 months.

Property history for 144 Korora Basin Rd

2022
Rented
Undisclosed
Leased on 15 Mar 2022 by LJ Hooker Coffs Harbour
2019
Sold
$1,100,000
14 Nov 2019 by John Vickars, of LJ Hooker Coffs Harbour

Happy sellers in Korora

74%
74% of sellers in Korora reported that their sale price either exceeded or met their price expectations.

Korora stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 21 reviews in Korora over the last 12 months.

Local market activity for 6 bedroom houses in Korora

In the last 12 months, 1 six-bedroom house similar to 144 Korora Basin Rd, have been sold.

This represents a 67% increase in six-bedroom houses sales when compared to the previous 12 months.

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