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Today's quote:

Thursday, January 30, 2025

Welcome to River Run ... again!


3 Sproxton Lane, Nelligen

 

Those tooth extractions last week seem to have left some broken fragments inside my gum, and so I went back to the dentist today for some warranty work. "All our warranty work is without anaesthetics", he insisted. To avoid any more physical pain, I had to sign up for more financial one and was left wondering which is worse.

Dale from the Batemans Bay Soldiers' Club also called in with some sort of teething problems. I fancy the club has more than just teething problems if the car's signage is right and there's only ONE soldier left in the club. I felt compelled to report them to the Apostrophe Protection Society, of which I have been a card-carrying member for many years.

 

 

On the way back home, I noticed that Number 3 Sproxton Lane is for sale - again! According to the agent's hyperbole, this "is a riverside lifestyle like no other, this is more than a property; it's a lifestyle. Whether you envision hosting guests, earning income, or simply revelling in riverside serenity, this sanctuary promises endless possibilities. Don't let this rare opportunity sail away." [Click here]

 

 

It had sold only a little over a year ago for two million dollars, after which the new owners did some very extensive renovations to the old building facing the street, and concreted much of the previously lush gardens. Now it'll go under the hammer at auction on the 1st of March.

It's anyone's guess if they get their money back as the market has cooled off a bit, especially for properties in the higher price range, of which there are two examples below. I know which one is the better deal!

 

405/1 Herarde Street, Batemans Bay, NSW 2536

35-39 Sproxton Lane, Nelligen, NSW 2536

 

 


Googlemap Riverbend

 

Postscript 13/2/2025: They've just disclosed their price expectations of $1,650,000 to $1,750,000. That's a quarter-million less than what they paid just a year ago which sounds pretty desperate. What's going on?

Postsscript 21/2/2025: It sold for $1,750,000!