Small in population, but big in culture, art and rich in history, is the former Riverport Village known as Ulmarra.
On the banks of the Clarence River in Northern NSW, the village offers an abundance of period style architecture, either owner occupied, used for art galleries, café’s, specialty stores, B&B’s or notably the Ulmarra Hotel with some of the finest dining in the Clarence Valley.
Here you are a lazy 10-minute drive to Grafton, 20 minutes to Maclean or an approximate half hour drive to the beaches of Yamba, Minnie Water & Wooli. The beauty of this offering is that this artisan style unit is literally situated in the heart of the village. Within 100 steps you have riverfront dining, café breakfasts, boutique stores, the park or boat-ramp.
Refurbished in the last several years, these units are now positioned to cater for a wide range of opportunities for the investor or owner-occupier. This commodity has been with the same family for decades, and now is the time to say “Yes Please” to Prime, Ulmarra positioning. We have watched the area bolster in popularity in the last few years, and it still has plenty of growth to be had as a Proud Custodian.
Expressing the versatility to be had, all 4 units are currently used for investment purposes. On a permanent rental basis, the weekly returns are between $420 – $450 per week. Rates are approx $1000 per annum, and currently a projected strata management levee is being compiled.
Number 2 is currently advertised via booking.com and Airbnb showing strong occupancy, with over $11,000 in generated income in the last 10 weeks (November 2024 – January 2025). I believe the above noted are both great options depending on your own personal pursuit. How about just buying one to live in? Maybe ask me about buying 2 units; one to live in and the other as an investment?
Two spacious bedrooms with built-in robes, an open plan living/dining area with breakfast bar, a very generous bathroom, hide-away laundry, private rear courtyard and a front yard with shaded patio. There is also an allocated remote garage on-site perfect for the tinnie or car. They are surprisingly private, super solid, and being on a Riverfront Street, cooled by Clarence River Breezes.
Note: Due to the natural land height of this pocket of Ulmarra, we are told that the units were not directly affected by the 2022 floods.
Our seller is committed to a sale, and so we welcome your immediate interest. We will also have a current pest and building report available for viewing on request.
Contact Kylie Swift of Virtue Property on 0488 161 621 to declare your interest early. DISCLAIMER: Whilst a high duty of care has been exercised in sourcing all marketing content, we cannot always guarantee its accuracy. We ask that prospective purchasers carry out their own searches and investigations on matters of personal or professional interest.
