371 School Road, Palmers IslandContact Agent
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371 School Road

Palmers Island, NSW 2463, Australia
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6 bed 3 bath 4 car36.92 ha

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About this property

Australia's First Prawn Farm fronts 338 metres of deep-water on the Mighty Clarence River - at Palmers Island - just outside the tourism mecca of Yamba, NSW Who hasn't heard of Yamba or Yamba Prawns? And surely you've sampled a 'Tru-Blu' Prawn a Highly Recognised Brand sold all over Australia. Tru Blue - a Professional local business producing First-Class Product - from Pond to Plate - at the astounding rate of 17 tonnes, per hectare! This 91.22 acre site includes a stocked area of 38.5 acres, with 24 grow-out ponds, 2 hatchery ponds and 2 settlement ponds. Then there's 52.8acres of hi-Tech infrastructure - including state of the art Processing Facilities capable of harvesting, cooking, snap freezing product, with cold storage for our 200 tonne Annual Harvest. Our hi-tech Hatchery is capable of producing 70 million Post Larval juvenile prawns annually; that's sufficient to secure our own production, plus supply our competitors at 3.5 cents each and that's a lot of 3.5cents!. But wait there's more: other aquaculture licences permit the farming of other sea food delicacies such as fish, crabs & oysters. Even premium priced eels, or food grade algae production is a possibility. The Manager's Residence is a magnificent 2 story, 4-bedroom, 2-bathroom home; there's also a second cottage, separate worker's quarters and as a bonus a stunning waterfront homesite, approved and awaiting your own new home! Produce the world's fattest, tastiest prawns and you'll need a shop to supply locals and tourists - we have one! so expand it to exploit the unlimited tourism opportunities available to such a huge gourmet venue, in a region screaming out for further tourism development. Situated just 10min from some of Australia's most famous surfing beaches at Yamba, twice voted best tourist town in Australia, we're appx. an hour Ballina, to Lismore and to Grafton. Tru Blue Prawn Farm isn't merely an investment - it's a lifestyle - and a profitable one at that! Discover the opportunities for yourself - call me for an Information Memorandum

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
6
Bathrooms
3
Parking
4
Land Area
36.92 ha
Listed
3 months ago

Repayment calculator

$4,116/month
$2,058 /fortnight
Loan $679,200 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$169,800
Stamp duty$28,859
Conveyancing (est.)$2,000
Total upfront$200,659
Verify with NSW revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Palmers Island

This 6-bedroom house in Palmers Island, NSW 2463 sits within reach of public transport, and nearby schools.

Schools near Palmers Island

  • Palmers Island Public Schoolprimary · K-6 · CoEd

What's nearby

  • Palmers Island Public School, Yamba Rd (bus)3.6 km away

Palmers Island at a glance

Full suburb profile
Population
482
Median age
49
Household income
$1,404/wk
Median rent
$313/wk
Median mortgage
$1,733/mo

Source: ABS Census.

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