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371 School Road

Palmers Island, NSW 2463, Australia
$1.25m
6 bed 3 bath 4 car

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Area Price Guide
$1.18m$1.32m

Indicative price guide range

🏘️
15
Comparable
📊
$899,000
Area median
⚖️
+39%
vs median
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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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 Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $6,060/month
    $3,030 /fortnight
    Loan $1,000,000 at 6.10% over 30 years

    Upfront costs

    Deposit$250,000
    Stamp duty$48,974
    Conveyancing (est.)$2,000
    Total upfront$300,974
    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.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    6
    Bathrooms
    3
    Parking
    4
    Listed
    2 months ago

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