FOR SALE
$4,850,000

22 Camperdown Street
Coffs Harbour NSW 2450

Bedrooms: 15
Bathrooms: 9
Car spaces: 7
Land area: 1483m2
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Prime Location - Invest Now, Develop Later...

An outstanding opportunity to secure what is arguably the best position in Coffs Harbour's Jetty precinct, commanding expansive ocean, island and Harbour views.
Positioned in the heart of Coffs Harbour's Jetty precinct, just 150m to local restaurants and 400m to the beach, "Allambie Court" is a well maintained brick and tile apartment complex, comprising 7 apartments, reception area, basement carpark and inground pool.
Zoned R1 General Residential, the land size is 1,483.4 m2, providing a substantial footprint and a building height limit of 15.5 metres, allowing for a myriad of development options. (Subject to council approval).
Development consent currently exists for demolition of the existing improvements and construction of 10 luxury apartments.
The estimated gross rental income potential if fully tenanted is approximately $190,320 per year. This will assist with holding costs while you plan your development, or simply retain as is.
The Jetty precinct is the jewel in the crown of Coffs Harbour's LGA with a host of tourist, lifestyle and entertainment options, a marina and the historic jetty itself. The Jetty precinct also comprises the best selection of blue-chip real estate in the region.
The combination of land size, zoning and location of this property makes this an attractive proposition to secure a prized coastal property on the Coffs Coast.
Rates: $20,271pa (approx.) - Land size: 1,483m2 (approx.)

Property Details for 22 Camperdown St, Coffs Harbour

22 Camperdown St, Coffs Harbour is a 15 bedroom, 9 bathroom BlockOfUnits with 7 parking spaces. The property has a land size of 1483m2. The place is currently for sale with The Edge Coffs Harbour.

Building Type
BlockOfUnits
Land Size
1483m2

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About Coffs Harbour 2450

The size of Coffs Harbour is approximately 46.3 square kilometres. It has 52 parks covering nearly 16.3% of total area. The population of Coffs Harbour in 2011 was 24,581 people. By 2016 the population was 25,746 showing a population growth of 4.7% in the area during that time. The predominant age group in Coffs Harbour is 50-59 years. Households in Coffs Harbour are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coffs Harbour work in a professional occupation. In 2011, 55.7% of the homes in Coffs Harbour were owner-occupied compared with 56% in 2016.

Coffs Harbour has 16,729 properties. Over the last 5 years, Houses in Coffs Harbour have seen a 63.18% increase in median value, while Units have seen a 48.69% increase. As at 30 November 2024:

  • The median value for Houses in Coffs Harbour is $769,214 while the median value for Units is $511,985.
  • Houses have a median rent of $630 while Units have a median rent of $500.
There are currently 252 properties listed for sale, and 151 properties listed for rent in Coffs harbour on OnTheHouse. According to CoreLogic's data, 605 properties were sold in the past 12 months in Coffs harbour.

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