Nimbin Options
Why is it when anyone mentions marijuana one’s thoughts immediately turn to Nimbin? The country town just over an hour west of Byron is often overlooked in the property stakes. BPS has continually picked it as being undervalued but with this one, I seem to be backing a stoner. Its prices have continually failed to get high and keep running out of puff. But with the flight from the city and the demand for acreage on rolling green hills, maybe its time to have another look at the joint.
Lot 27 ‘Blue Springs’ Blue Knob, Nimbin
Too good to last. This one just went under offer for a price of around $265,000. 5 bedrooms, 2 bathrooms, 2 car garage on 2 acres as a share on an MO (Multiple Occupancy). Would be a euphemism to say that it needing some work. Have a look at the photos here and imagine a different life.
85 Lillian Rock Road, Lillian Rock
Quaint and funky, this three-bedroom, one-bathroom cottage is on 8 Ha and is 9 km out of Nimbin on the Gold Coast Road. House is a reasonable Queenslander and should have some upside at $530,000. This is on a freehold title and the front verandah looks to be a perfect place to enjoy your choice of relaxing supplement.
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