Overview

The phone enquiry code for this property is – 1802. Please use the email enquiry feature to make an enquiry on this property. Remember what Mark Twain said when counselling investment in land? “They’re not making any more of it.” Land appreciates, buildings depreciate, so when you buy a house, invest in dirt disguised as a house. More than 80% of the value of “Riverbend” is in the dirt underneath it. It’s a RODWELL – a Robust Older Dwellings on Well Located Land – the sort of house that appreciates the fastest.

More than five years ago, the Valuer-General assessed its LAND VALUE ALONE at $2,637,000. Since then we have had sewerage and town water connected, and land values have shot up further. And yet, for little more than say 20% you also get a massive two-storey brick residence, plus several other structures and countless other improvements, and of course absolute deepwater frontage all along its seven acres.

Valuation and price aside, what the property is really all about is its unique location. The tranquillity and the absolute privacy and beauty of the river draw you to it. If you are looking for an idyllic lifestyle where the only alarm clock in the morning is a bunch of kookaburras, where you can sit on a huge verandah overlooking the river and watch amazing sunsets, and where you are serenaded to sleep at night by the sound of frogs, you will love it here. If you thought that it was no longer possible to find paradise on earth, think again!

If you are a cashed-up buyer with just that little bit of money missing, vendor’s finance is also available.

Location