476 WALLACE ROAD, Terania Creek NSW 2480

Price reduced! Motivated vendor! All reasonable offers considered.

Set amongst the tranquil rainforest surrounds of The Channon, 476 Wallace Road is a truly versatile lifestyle property offering the perfect blend of country charm, self-sufficiency and exciting income potential.

At the heart of the property is a character-filled main residence featuring three generous bedrooms, a loft room and separate study. The spacious master suite offers a private parents’ retreat with its own ensuite and self-contained living space, while the country-style kitchen, complete with a large walk-in pantry, flows into expansive dining and living areas warmed by a cosy fireplace. Wide verandahs provide the perfect place to relax and soak up the peaceful surrounds.

Adding exceptional flexibility are two additional self-contained accommodation options: an attached one-bedroom granny flat and a separate one-bedroom cottage privately positioned amongst the established orchard. Whether accommodating extended family, providing space for guests or exploring supplementary rental income, these separate dwellings open the door to a range of possibilities, subject to relevant approvals.

The property's income potential is further complemented by the following indicative 2026 rental figures (inclusive of power) :

Shed accommodation – $350 per week
Granny flat – $300 per week
Main residence – $600 per week
Parent retreat only – $300 per week
With potential gross income of up to $1,450 per week ($75,400 annually), these figures provide an indication of the property's income possibilities, subject to occupancy, permitted use and the ability to operate the arrangements concurrently.

For those seeking a more self-sufficient lifestyle, the established gardens are a real highlight. A fully fenced vegetable garden features five raised beds, complemented by a separate kitchen garden and a mature orchard boasting an impressive variety of fruit trees. With room to expand and enjoy homegrown produce, the property offers an appealing opportunity to embrace a more sustainable way of living.

Practical infrastructure includes a substantial 7m x 18m shed, two 5,000-gallon header tanks, eight additional water tanks and a dam, providing valuable water storage and versatility for rural living. Mains power and a solar grid-feed system further enhance the property's appeal.

Despite its peaceful country setting, everyday conveniences remain within easy reach. The Channon Preschool, Primary School and iconic Channon Tavern are approximately 6km away, with Lismore around 25km away for shopping, healthcare and essential services.

Whether you're searching for a spacious family sanctuary, a multi-generational retreat, a self-sufficient country escape or a property offering multiple potential income streams, 476 Wallace Road presents a rare opportunity to create a lifestyle that works for you.