Rural block near Rylstone with dilapidated shanty sells for $125k
Environmentalists, hippies and those seeking rural isolation have narrowly missed out on a 48 hectare heavily forested patch of land on the end of a fire trail outside Rylstone in the NSW Central Tablelands.
The property, 3000 Nullo Mountain Road, Nullo Mountain, is under offer only one week after being listed for $125,000 — with a deposit made after only two inspections the same week the property was listed.
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According to Landmark Harcourts agent Stewart Adlington, the closest thing to existing accommodation on the property is ‘a pile of building materials that closely represent a structure’.
“We put the listing up last Friday for sale by private treaty and had a heap of inquiries — the first people to inspect it did so two days after it was put on the market and did a second inspection in the same week then put down a deposit,” Mr Addington said.
“Access to the property is pretty good and I think because of the price point it is attractive because people can afford it without finance.
“The property has beautiful views over the Wollemi National Park and is only 50 minutes from Rylstone.
“The chap that owns it is from Sydney and a bit senior in years. He used to the property to get away from the rat race and regain his sanity but in recent times he has been up two times in the last 6 months and twice in the last 12 years.
“The people buying the block are locals and will use it as somewhere for them to get away with a young family … they are passionate about the environment and it was really important for them to buy natural land.”