FOR SALE
$2,300,000 as going concern

65 & 68/22 Orlando Street
Coffs Harbour NSW 2450

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 427m2
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COFFS HARBOUR JETTY INVESTMENT

Vibrant coastal landmark site. Lease until 2031 (including options). Orlando Street profile.
7.13% return, net.
Key features include;
- Notable Coffs Jetty location, right at the gateway to the Harbour and Marina
- Established tenancy since 2006
- Tenant usage is restaurant and bar with superb fitout
- Sale is NOT including restaurant
- Net rent is $165,042 +GST
For further details contact exclusive sales executives;
Kel Gibson
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Property Details for 65 & 68/22 Orlando St, Coffs Harbour

Building Type
Commercial
Floor Size
427m2

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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 16,670 properties. Over the last 5 years, Houses in Coffs Harbour have seen a 63.47% increase in median value, while Units have seen a 42.99% increase. As at 30 September 2024:

  • The median value for Houses in Coffs Harbour is $767,564 while the median value for Units is $505,119.
  • Houses have a median rent of $640 while Units have a median rent of $495.
There are currently 249 properties listed for sale, and 158 properties listed for rent in Coffs harbour on OnTheHouse. According to CoreLogic's data, 583 properties were sold in the past 12 months in Coffs harbour.

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Kel Gibson
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Denis Gleeson
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The Edge Coffs Harbour
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