191 Repentance Creek Road, Rosebank

  • 7 bedrooms
  • 5 bathrooms
  • 13 car spaces
  • Approx 32 Hectares

Bimbadeen |3 dwellings |Passive income

Welcome to 'Bimbadeen' and a new lifestyle.

This property has significant earning capacity both passive in rent, tower leases, and farm production. It boasts beautiful views, patches of rainforest, approximately 40 acres of Macadamia farm, approximately 5 acres of fenced horse paddocks, a round yard, and a full-size arena. The location is awesome for farming and it is a horse lover's delight to ride trails to Minyon Falls and the local creeks. For your convenience, the local General store at Clunes is only 13 K's (12-minute drive) away.

The original 1920s farmhouse will fill your cup with old-world charm. Spacious and comfortable it features two levels for dual living, beautiful hardwood timber floors, high ceilings, decorative timber walls, a massive country kitchen, and a federation-style bathroom. Enjoy beautiful views of the hinterland and beyond the Night Cap Range.

The second level is renovated as a one-bed home. For privacy, it enjoys its own driveway and front entrance. Includes; a new bathroom, a kitchenette, one king-size bedroom, and a spacious living area. A bonus is a patio for outdoor living.

The second dwelling has a new kitchen with Miele appliances, 3 bedrooms, an ensuite, a large living /dining area, a double car garage, and a back deck entertainment area with serene views to the north. Rent is $700.00 per week.

The farm has 2 x open bay sheds for equipment, a lockup garage, 200,000 litres of rainwater storage, a Bore setup for automatic watering for the horse troughs, and 3 dams and 1 spring-fed dam. 6.5 kW Solar Panels ready for a battery.

The income generated from this property is quite significant and will help offset your mortgage and provide an income for a family.

2700 Macadamia Farm with room for 400 more (25 Tonne NIH)
The second home income is $700 per week
The flat currently rents out at $350.00 per week
Horse agistment $50 per horse (the fenced paddock will take up to 5 horses)
NBN and Optus Tower leases - passive earning over $20K a year (cpi)
*Potential to continue the roadside farm stall with the chicken coups you could earn $100 to $500 per week selling fruit, veggies, and eggs.

Clunes 11.4 km (around 12 mins for general stores, service stations, and cafes
Federal general Store just 17Klsm
Minyon Falls is just 7 Km (a ride is possible to Minyon Falls from this property)
Mullumbimby 20.6 km
Lismore 26.5 km
Rosebank Primary School 4.3 km
Goonengerry Primary School 8.7km
Mullumbimby High School 20 km
Byron Bay 32.9 km (approx. 40 mins

Disclaimer: All information contained herein is obtained from property owners or third-party sources which we believe are reliable. We have no reason to doubt its accuracy, however, we cannot guarantee it. All interested person/s should rely on their own inquiries.

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