154 CECIL STREET, NIMBIN
Welcome to 154 Cecil Street situated walking distance to the beautiful and vibrant village of Nimbin and set across 3.5 very usable and gently sloping acres with beautiful 180 degree views to the Border Ranges.
consisting of three dwellings – one a small studio style cabin the second a 2 bedroom house and the third a ‘first-stage’ of the future dwelling which has all the permissions and plans in place for easy completion. Perfect for the extended family, dual living or a healthy rental income.
Featuring a large spring-fed dam, fruit trees, regenerated rainforest gardens, and a Large 3 bay shed.
Each of the larger homes has extensive outdoor areas; one with rock terraces and cottage gardens, the other with an expanse of paving for outdoor entertaining. The hardwood, Colorbond and substantial steel constructions enjoy both mains and solar power, and both have lovely hardwood timber floors.
The DA for this property is for Dual Occupancy, and the current rental income (with 2 of a possible 3 tenancies) is $520 per week or $27,040 per annum. With the third rental you could possibly have an income of over $60,000.