119 Giinagay Way, Warrell Creek NSW 2447

119 Giinagay Way, Warrell Creek NSW 2447
Large rural acreage | creek frontage over 1km | fertile alluvial flats | original farmhouse | bushfire & flood overlays This property presents a rare combination of extensive creek frontage and fertile, usable land so close to Macksville. The over 60 acres of predominantly flat pasture with multiple water sources offers immediate agricultural utility, positioning it for a buyer seeking a operational lifestyle holding or a land bank with development potential. The existing farmhouse provides basic accommodation, but the core value is in the land’s productive capacity and scenic setting. You must underwrite for both bushfire construction costs and potential flood impact on the creek flats, which directly affect insurance premiums and usable land value. The commercial logic is in holding the property for its agricultural yield or future subdivision potential, given its size and council area. Acquire this as a long-term land asset, not for its improvements, with a plan to mitigate the inherent overlay risks through careful land use.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Warrell Creek is a tightly held, mature coastal village where established families and tradespeople form a stable owner-occupier core, driving consistent local demand. The market is characterised by very low sales volumes, indicating limited turnover and a constrained supply of listings, which underpins price stability. Future growth is linked to its relative affordability within the regional context, though significant new supply entering the market presents a key risk to this equilibrium.
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PropCred Estimated Value

Bedrooms

Bathroom

Parking

2

Land

24.39 ha

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